🛑 $LINK /USDT Bearish Rejection Setup! 🚦🔻
Chainlink is struggling below the $13.40 resistance after minor consolidation, printing consistent lower highs on the 15m chart. Sellers are lining up for a fresh push down as momentum stays bearish.
🔻 Short Setup:
• Entry: $13.35 – $13.40
• Take Profit 1: $13.20
• Take Profit 2: $13.09
• Stop Loss: $13.45
📊 Market Outlook:
As long as price stays capped under $13.45, the trend favors continued downside, with sellers targeting the $13.09 support.
⚠️ Quick Tip: Watch for a strong breakdown candle below $13.30 to confirm momentum before sizing in.