šŸ“‰ $LINK /USDT – BEARISH MOVE AHEAD! šŸ“‰

šŸ” Technical Analysis (1D Timeframe):

$LINK is currently trading at $13.01, showing a strong rejection from recent highs and slipping -7.47% in 24h, indicating growing bearish momentum.

šŸ“Š Key Levels:

šŸ›‘ Resistance: $13.60 āž”ļø Major rejection zone

šŸ“ Current Price: $13.01

🟢 Support: $12.80 āž”ļø Last bounce level

šŸ”» Next Support: $12.40 āž”ļø Key demand zone

āš ļø Price failed to hold above $13.50 and has now broken below the intraday support of $13.20. A retest of lower levels seems likely as selling pressure increases.

šŸ’¼ TRADE SETUP: SHORT POSITION

šŸ”½ Entry: $13.00 – $13.10

šŸŽÆ Targets:

• TP1: $12.80

• TP2: $12.40

• TP3 (extended): $12.00

šŸ›”ļø Stop Loss: $13.65 (above resistance wick)

🧠 RISK MANAGEMENT:

šŸ“Œ Risk 1-2% per trade.

šŸ“ˆ Position sizing based on SL distance.

šŸ“‰ Use trailing stop once TP1 is hit to secure profits.

šŸ”„ Stay sharp, trade smart, and protect your capital! šŸ”„

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