$LINK USDT BEARISH CONTINUATION PATTERN — FAKEOUT ABOVE, DUMP BELOW
LINKUSDT attempted a breakout from the falling wedge but immediately got rejected at the key 12.20 supply zone. Price failed to hold above resistance and has now rolled back below 12.00, signaling a trap and triggering a strong bearish continuation. The market structure is favoring further downside.
TRADE SETUP:
🟥 Short Trade Signal
Entry Zone: 11.90 – 12.07
Take Profit 1: 11.60
Take Profit 2: 11.35
Stop Loss: 12.22
Risk: 2–3% of wallet
Leverage: 10x
MARKET OUTLOOK:
Momentum remains bearish despite a brief bullish push. The failed breakout confirms seller dominance at 12.20. Trend is clearly to the downside on the 1H chart, and continuation is likely toward lower support near 11.35.
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buy and trade here on $LINK