🟥 LINK/USDT – SHORT TRADE SETUP – Weak Momentum Below Key Zone
Current Price: ~$15.99
Trend Summary: After a strong rally, LINK has rolled over into a gradual downtrend with lower highs. Price is currently pressing against short-term support with weakening volume — a breakdown could follow.
🔻 Short Bias – Breakdown Setup Near $15.90 Support
📉 Entry (Short):
$15.95 – $16.05 (on bearish candle confirmation or failed bounce)
🛑 Stop-Loss:
$16.25 (above recent lower high and invalidation point)
🎯 Take-Profit Targets:
TP1: $15.60
TP2: $15.25
TP3: $14.85 (if stronger selling accelerates)
📊 Risk/Reward:
Moderate-to-High (up to 2.5:1 if full target range plays out)
🔍 Technical Observations:
Price losing momentum after strong uptrend
Lower highs forming since May 13
Volume decreasing on recent up candles, increasing slightly on down candles
Breakdown of $15.90 zone could trigger quick short opportunity
📢 Signal Analyst: @RanaDanialBabar
🕰️ Timeframe: 1H (Intraday Opportunity)
⚠️ Caution: If price closes above $16.25 with volume, short setup is invalid — reassess for potential range or trend reversal.