$LINK /USDT BEARISH SETUP: CONSOLIDATION WEAKNESS SIGNALS POTENTIAL DROP!
$LINK is struggling to break above the key resistance zone near $15.50–$16.00, with repeated rejections and ongoing consolidation just below it. This prolonged sideways movement combined with failure to break out indicates weakening bullish momentum and opens the door for a potential short-term correction.
Trade Setup:
Short Entry: $14.70 – $14.90
Take Profit Targets:
TP1: $13.57
TP2: $12.51
TP3: $12.04
Stop Loss: $15.30
Market Outlook:
LINK is consolidating under strong resistance and showing signs of distribution. A break below $14.50 could trigger downside momentum. Watch for volume spikes and retests of the $13.50–$12.00 demand zones for further direction.#BinanceHODLerSTO #DigitalAssetBill #SaylorBTCPurchase #BTCRebound #StablecoinPayments $LINK