Token : $LINK
Entry: $13.30
Target: $11.40
Stop Loss: $14.80
Position: Short
LINK has shown signs of weakness after failing to hold above key resistance. We're eyeing a short position here with a clean risk-reward setup.
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Bearish Momentum: Recent price action is forming lower highs, indicating seller control.
Entry at $13.30 offers a solid level just below recent support-turned-resistance.
Target at $11.40 aligns with a strong support zone and potential take-profit zone.
Stop at $14.80 gives room above recent swing highs to avoid being wicked out.
Risk/Reward ratio: ~1.27 — disciplined risk management is key.
