Coin name: Link
SHORT
Price: 15.70
(Enter on entry price)
5x leverage isolated
The 4-hour chart shows a rising wedge pattern along with bearish divergence, indicating a potential downside move for LINK. After rejecting trendline resistance, LINK is likely to decline.
The liquidation heatmap suggests that LINK may drop after grabbing liquidity, reinforcing the bearish outlook. Managing risk is crucial—using low leverage is recommended.
Meanwhile, BTC dominance (BTC.D) is holding trendline support, suggesting an upward move. If BTC.D rises, altcoins are likely to decline. Overall, the market appears bearish.
Targe
🎯Target:
1) 15.30
2) 15
3)14.50
4)14
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