$LINK /USDT BEARISH BREAKDOWN IN PROGRESS – SUPPORT FLIP REJECTED!
ChainLink failed to reclaim the $14.60 resistance zone and is now showing signs of weakness with a rejection at the retest level. Price action is forming a clean lower high followed by a potential breakdown below $14.50, suggesting sellers are taking control.
Trade Setup:
Entry: $14.49 – $14.52
Take Profit (TP): $14.30 / $14.20
Stop Loss (SL): $14.65
Market Outlook:
Momentum remains bearish as long as LINK trades below $14.60. The structure favors short positions with downside targets becoming more visible on this rejection setup. Expect increased pressure toward the $14.20 demand zone.
Command: “Follow the momentum — ride the breakdown to profits!”
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