🚨 ✨USDT BEARISH BREAKDOWN: DOWNSIDE PRESSURE BUILDING 🚨
📉 Market Analysis:
$LINK /USDT is under strong selling pressure, currently trading at $15.03 (-2.59%). The price recently tested a low of $15.02 and is struggling to hold support. A break below this level could lead to further downside toward $13.86. Bulls need to reclaim $15.59 to reverse the bearish momentum and regain control.
🔎 Key Levels:
Resistance: $15.59, $16.89
Support: $15.02, $13.86
💼 Trade Setup:
Short Entry: $15.00
Take Profit 1: $14.50
Take Profit 2: $13.86
Stop Loss: $15.60
⚠️ Risk Management:
Use a tight stop-loss at $15.60 to limit downside risk. Monitor for volume increase to confirm the bearish breakdown.
