$LINK $LINK /USDT – Fakeout at $14.17? Bulls Losing Steam! 📉
🔻 From High Momentum to a Hard Fall – Bearish Pressure Kicks In
Chainlink ($LINK) soared to $14.17, but heavy rejection followed as sellers took over. Now trading at $13.53, the price has sliced through the 7 & 25 MAs and is testing the 99MA as support.
📌 SHORT Setup
🔻 Entry: $13.53
🔹 SL: $13.73 (Above 25MA)
🎯 TP1: $13.20
🎯 TP2: $12.85
🎯 TP3: $12.50
📊 RSI likely cooling off, and volume fading – caution advised for late bulls. A breakdown from the 99MA could open the door to deeper correction.
LINK
13.64
+1.63%