$LINK /USDT short trade signal 🚦 🛑
BEARISH PULLBACK INITIATED — WATCH FOR DEEPER RETEST!
After a sharp vertical rise, $LINK/USDT faced strong resistance at the $16.27 level and has now started a rejection candle with increasing sell volume. Price has broken below the short-term support zone and is retesting from below, indicating potential for a short-term bearish continuation.
Trade Setup:
Short Entry: 16.07 - 16.19
Take-Profit (TP): 15.67
Stop-Loss (SL): 16.27
Market Outlook:
With the price rejecting at a major resistance and failing to sustain momentum, sellers may dominate the short-term movement. A breakdown below $16 confirms bearish pressure; however, bulls may look to defend near the $15.67 support.
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