$LINK has surged +11.10% to $13.21, but is now showing exhaustion below critical resistance at $13.33 (24h high). With declining volume (57.41M USDT) and overextended momentum, a pullback toward $12.50 or lower is highly probable.
Short Trade Setup:
Entry Zone: $13.15 - $13.25 (rejection area)
Stop Loss: Above $13.40 (clear breakout invalidation)
Targets:
$12.80 (initial support)
$12.50 (next liquidity zone)
$12.00 (strong swing level)
Why This Works
Strong rejection at $13.33 (double-top formation possible)
Lower volume on highs = weak follow-through
Infrastructure sector cooling off (profit-taking season)
Trade here 👉🏻$LINK
