$LINK /USDT based on the chart you’ve shared:
🔻 LINK/USDT BEARISH BREAKDOWN — SUPPORT CRACKING!
LINK is under heavy pressure, losing over 7.5% in the last 24 hours. The price has plunged from the $16.00 area to $13.56, breaking multiple short-term supports. Momentum remains firmly bearish with no bullish divergence in sight.
TRADE SETUP
Entry: $13.60 – $13.45
Take-Profit Targets: $13.00 / $12.50 / $11.80
Stop-Loss: $14.15
WHY SHORT?
The chart structure confirms a clear downtrend — lower highs, strong red volume candles, and failed bounce attempts. With price making new intraday lows, continuation toward the $13 and sub-$13 zones is likely if no reversal shows soon.
Risk Management Tip:
Avoid chasing candles — let price come to your entry zone and always trade with a defined SL. Emotional trades ruin consistency.
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