$LINK /USDT – BEARISH PRESSURE BUILDING āš ļøšŸ”»

Chainlink is currently facing resistance near the $21.30 level and failing to hold above short-term supports. With weakening momentum and a recent lower high, the market is showing signs of a potential bearish retracement. šŸ“‰

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šŸ“Š CURRENT PRICE: $21.13

šŸ“ˆ 24H HIGH: $21.33

šŸ“‰ 24H LOW: $20.43

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šŸ”‘ KEY LEVELS TO WATCH:

šŸ“ Resistance Zones:

$21.30 (Immediate resistance)

$21.80 (Major resistance)

šŸ“ Support Zones:

$20.80 (Key support)

$20.40 (Breakdown zone)

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šŸ“Œ TRADE SETUP – SHORT ENTRY

šŸŽÆ Entry: $21.10 – $21.30 (on rejection)

šŸŽÆ Take Profit (TP):

TP1: $20.60

TP2: $20.40

TP3: $19.90 (if strong sell-off)

šŸ›‘ Stop Loss (SL): $21.85

šŸ“ˆ Reasoning: Price is showing lower highs while struggling to break above resistance. Volume is declining, and sentiment appears to be cooling off.

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🧠 RISK MANAGEMENT

Risk only 1–2% per trade. Always respect your SL, avoid revenge trading, and wait for clean confirmations to enter. šŸ›‘šŸ’¼

šŸ”» Trade wisely, stay safe in volatility! #LINK #Crypto $LINK