$LINK /USDT – BEARISH BREAKDOWN IN PLAY ⚠️
$LINK has lost key momentum after rejecting the $23.70 zone, signaling a continuation of downside pressure. The breakdown below $22.50 confirms weakness, with bears aiming to push LINK lower as selling volume intensifies and the market sentiment turns defensive.
🔹Trade Setup
Entry Zone: $22.00 – $22.30
Take Profit 1: $21.50
Take Profit 2: $21.00
Take Profit 3: $20.30
Stop Loss: $23.10
📊Market Outlook:
LINK/USDT is currently in a short-term bearish trend, trading below major moving averages with RSI leaning toward oversold territory but still showing no clear bullish divergence. Momentum favors sellers unless a sharp recovery above $23.50 reclaims lost ground. Watch for potential accumulation near $21.00, but immediate trend remains bearish.
buy and trade here on $LINK
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