$LINK BEARISH SETUP ACTIVE — SUPPLY ZONE REMAINS FIRM, SELL PRESSURE MOUNTING!
$LINK has repeatedly failed to breach the $17.15 resistance, consolidating tightly below it. Recent candles indicate indecision and fading bullish momentum, pointing to a likely breakdown as sellers gain dominance.
Trade Setup:
- Short Entry: $16.94 – $16.96
- Take-Profit: $16.55
- Stop-Loss: $17.15
Market Outlook:
The $17.15 supply zone continues to reject price, with lower highs forming. Volume profile reflects declining demand. A decisive break below $16.90 could trigger rapid downside.
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