🔥 $LINK
/ USDT – Short Trade Setup Alert! 🔥
After several failed attempts to break above the $18.40–$18.60 resistance zone, $LINK is showing clear bearish momentum with a lower high formation on the 1H chart. Momentum is fading — and sellers are stepping in hard. ⚡
📉 Trade Setup (Short):
Entry: $18.20 – $18.40
Target 1: $17.60
Target 2: $17.00
Target 3: $16.40
Stop Loss: $18.70 (Above resistance wick)
💣 Price Action Insight:
Strong rejection candles near $18.60 confirm exhaustion of buying pressure.
RSI showing bearish divergence — confirming potential downside.
Volume dropping on each rally → clear sign of weakening bulls.
💡 Pro Tips:
Tip 1: Wait for a 1H candle close below $18.20 before entering — confirmation is key!
Tip 2: Scale out profits gradually at each target to lock in gains.
Tip 3: Watch BTC’s movement — a BTC dip could accelerate LINK’s drop fast.
⚠️ Risk Management Reminder: Always use a stop loss and don’t risk more than 1–2% per trade.
📊 Bears are in control — time to ride the wave down! 🐻💥
Would you like me to make this post styled for Twitter (X) or Telegram format next?
#MarketPullback #FranceBTCReserveBill #AltcoinETFsLaunch #WriteToEarnUpgrade #CPIWatch