$LINK /USDT BEARISH DOWNTREND EXTENDS — SUPPORT TEST IN PROGRESS!
$LINK /USDT continues to decline on the 1-hour chart after failing to hold above $16.40. The structure shows consistent lower highs and lower lows, with the price now hovering near the $15.30 support zone. If this level breaks, further downside is expected.
Trade Setup: (SHORT)
Entry: 15.35 – 15.25
Take-Profit Targets:
1. TP1: 15.00
2. TP2: 14.70
Stop-Loss: 15.65
Market Outlook:
Bearish momentum remains dominant as sellers push price toward key support. A confirmed breakdown below $15.20 could trigger more panic selling. Ideal for short-term traders targeting the next leg down.
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