$LINK /USDT BEARISH BREAKDOWN – SUPPORT CRACKING AFTER STRONG SELL-OFF!
$LINK is currently trading at $14.33, down -7.79% in the last 24 hours. After a sharp rejection from the $15.56 high, LINK has been in a consistent downtrend on the 1H chart, forming lower highs and lower lows. The recent candles show weak bounce attempts and strong sell-side momentum, signaling continuation of the bearish wave.
🔻 Trade Setup (SHORT):
Entry: $14.30 – $14.50
Targets: $14.00 / $13.60 / $13.20
Stop Loss: $14.95
📉 Market Outlook:
LINK is under pressure as it tests support near $14.20. A breakdown below this level could unlock deeper downside, especially with RSI trending lower and volume supporting the move. Bulls must reclaim $15.00 to regain control — until then, sellers dominate.
📌 Risk Management Tip:
Stay cautious of fakeout wicks. Wait for confirmation candles and manage trades with tight SL due to high volatility.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
Trade with discipline — catch the next leg before it dumps harder.
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