$LINK
USDT BEARISH MOVE LOADING – MAJOR BREAKDOWN AHEAD!
ChainLink ($LINK) is showing strong bearish signs as it fails to reclaim key resistance levels on the 4H chart. Current price is $12.841, struggling under resistance.
🔑 Key Levels:
Resistance: $13.125 – $13.147 zone
Support: $11.568 – $11.539 zone
Current Price: $12.841
📉 Trade Setup (Short):
Entry: $12.850 – $13.125
Targets (TP):
TP1: $12.200
TP2: $11.568
Stop Loss (SL): $13.150
📊 Market Outlook:
LINK is respecting a strong supply zone near $13.1 and showing repeated rejections, indicating bearish momentum towards the major support zone at $11.5 if selling pressure sustains.
⚠️ Risk Management:
Always use calculated position sizes with defined SL to protect capital and avoid emotional trades.
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buy and trade here on $LINK