$LINK
📉 LINK/USDT Signal – Bearish Breakdown Setup

Pair: LINK/USDT (Perpetual Contract, Binance)

Timeframe: 1 Hour

Current Price: ~$15.275

Signal Type: Short Position – Bearish Breakdown

🔍 Technical Analysis Summary

Lower Highs & Lower Lows: Clear bearish market structure; price continues to print descending peaks and troughs.

Support Zone Test: Price is currently testing horizontal support around $15.25–$15.28, which has held multiple times in the past.

Bearish Momentum: Selling pressure is accelerating with no strong bullish candles to counter, and volume is rising on red candles.

Volume Divergence: Weakening volume on recent upward moves confirms seller dominance.

⚠️ Trade Plan – Short Setup

📥 Entry Zone: $15.23–$15.27 on confirmed candle close below $15.25

🛑 Stop-Loss: Above $15.42 (above recent lower high + invalidation level)

🎯 Take-Profit Targets:

TP1: $14.95 (short-term horizontal support)

TP2: $14.65 (previous breakout level)

TP3: $14.30 (stronger support zone on higher timeframe)

🧠 Notes

Wait for confirmation with a solid bearish candle close below $15.25 to avoid false breakdowns.

A retest of $15.25 as resistance after breakdown gives a safer entry with a tighter stop.

Watch for volume confirmation — higher red volume bars increase breakdown reliability.