$LINK FAKEOUT FIZZLE – BULLS LOSING GRIP FAST❗$LINK surged to $16.42 but failed to sustain momentum, dropping back to $15.55. The rejection near the top hints at exhaustion, with sellers stepping in hard. Short-term pressure is building, and another leg down may follow.
Trade Setup (SHORT):
Entry Zone: $15.50 – $15.60
Target 1 (TP1): $15.20
Target 2 (TP2): $14.85
Stop-Loss: Above $15.80
Watch closely if $LINK breaks below $15.45 with volume, the selloff could accelerate toward key support.