🔗 $LINK /USDT Under Pressure – Support or Slippery Slope? 🔗
$LINK is trading at $12.68, down -3.50%, after dropping from the 24h high of $13.25 and now hovering near the 24h low of $12.30.
📉 EMA Trend Outlook:
• EMA(7): $12.72 ❌
• EMA(25): $12.96 ❌
• EMA(99): $13.58 ❌
LINK is below all major EMAs – signaling short-term weakness and selling pressure.
📊 Volume remains solid at 30M USDT, showing active participation. Bulls must defend $12.30, or a move toward $12.00–$11.90 may follow.
🎯 LONG Trade Setup (Reversal Zone Play)
• Entry: $12.50 – $12.70
• TP1: $13.05
• TP2: $13.48
• TP3: $13.90
• SL: Below $12.20
LINK is in the danger zone — but reversals often start where fear peaks. Watch for a volume surge! ⚠️📈