$LINK $LINK /USDT BEARISH REJECTION FROM SWING HIGH — SHORT-TERM PRESSURE BUILDING 🔻
$LINK failed to sustain above the $16.49 resistance and is now pulling back to $15.75, showing signs of weakness after multiple rejections. Sellers are likely to test lower support zones soon.
Key Levels:
Resistance: $16.05 – $16.49
Support: $15.24 – $14.84
Current Price: $15.75
Trade Setup (Short):
Entry: $15.75 – $15.90
TP 1: $15.24
TP 2: $14.95
TP 3: $14.70
SL: $16.20
Risk Management:
Stick to 1–2% risk per trade. Confirm with bearish candle close before entry. Use trailing SL as price moves in favor.
Don’t chase — let the setup pull you into profit!
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LINKUSDT
16.35
+3.07%