📉 $LINK /USDT Technical Analysis — A Look at the Drop Zones!

Chainlink under strong pressure! With the price dropping to $11.45 (-8.40%), bears are tightening their grip. Is there hope — or is $LINK heading towards a deeper correction? ⚠️

🧠 Quick TA Insights:

• Price Range: $12.56 ↘ $11.29

• Current Price: $11.45

• 24-hour Volume: 70.3M USDT

• SAR: Flipped to bearish zone at $12.02

• Trend MA: MA(5) and MA(10) are trending down = increasing selling momentum

• Market Sentiment: Risk-off

📊 Key Bearish Targets 🎯

1. $10.70 — Fibonacci zone 0.618 + psychological level

2. $10.10 — Strong historical support (May base)

3. $9.45 — Major liquidity zone & panic bottom

🚨 Break below $11.29 = Gates open to deeper zones.

A reversal only if $12.20+ is reclaimed with volume confirmation.

🔥 Strategy Zone:

• Short below $11.20 (tight SL above $11.60)

• Buy setup if a bounce is confirmed above $12.10

💬 What’s your move on LINK — continue the trend or buy the dip?