$LINK /USDC SLIDES AFTER PEAK – BEARISH MOMENTUM ACTIVE
REJECTION FROM $13.88 TOP
CONSISTENT LOWER HIGH STRUCTURE
SUPPORT TESTING AT $13.17
$LINK /USDC faced heavy selling after spiking to $13.88. Price action on the 1H chart clearly shows a downtrend, with price hugging the lower boundary and breaking below the AVL.
🔴 SHORT TRADE SETUP
Entry Zone: $13.20 – $13.28
Take Profit: $12.95
Stop Loss: $13.42
As long as bulls fail to reclaim above $13.30, bears have the upper hand. Trend continuation likely if $13.17 breaks decisively.
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