📉 $LINK Continues Downtrend – Bearish Momentum Intact

Chainlink ($LINK ) is struggling to break above the $16.58 resistance after a steep downtrend. The price is stuck in a tight range and keeps rejecting higher levels, indicating that sellers remain in control. If it fails to bounce soon, a drop toward $15.99 support is expected.

Trade Setup:

Entry: $16.41

Stop Loss: $16.58

Target: $15.99

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