$LINK /USDT short trade signal 🚦 🛑
BEARISH SETUP: SUPPLY ZONE REJECTION SIGNALS MORE DOWNSIDE
Price faced strong rejection from the $13.60 resistance zone, confirming a lower high structure and failing to reclaim bullish momentum. The most recent bearish engulfing candle shows intensified selling pressure, suggesting further downside continuation.
Trade Setup:
Short Entry: $13.43
Take Profit: $13.18
Stop Loss: $13.60
Market Outlook:
The breakdown below the consolidation range and rejection at a key supply zone increases the probability of retesting lower support near $13.00. Traders should watch for bearish volume confirmation and maintain tight risk management as volatility rises.
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