Chainlink rebounds 44% — constructive but wait for confirmation

I'm encouraged by Chainlink's recent run — a 44% surge signals renewed buyer interest and the potential for a 'round 2' continuation if momentum holds. The rally looks driven by renewed demand for oracle services and positive on‑chain flows rather than pure speculation alone.

That said, a fast move this large often invites profit-taking and short-term volatility. I want to see consolidation above recent resistance or a clean re-test of breakout levels before increasing exposure.

For now I'm monitoring orderflow, funding rates and a possible pullback as the best entry opportunity; I remain constructive but cautious until price confirms the next leg higher.