🚨 $LINK USDT BEARISH MOVE – PRICE STRUGGLING BELOW MID BOLLINGER BAND
$LINK is currently trading at $13.08 (-1.65%) on the 15m timeframe. Price has rejected the mid Bollinger Band ($13.12) and remains under bearish pressure after failing to sustain above $13.22. The market touched a low of $13.00 today, showing weakness near lower Bollinger support.
🔻 Trade Setup (SHORT)
Entry Zone: $13.08 - $13.12 (current rejection zone)
Targets:
TP1: $13.02 (lower Bollinger band)
TP2: $12.95 (extension below)
Stop Loss: $13.18 (above mid Bollinger and recent rejection wick)
📝 Short Market Outlook
Momentum is clearly bearish with Bollinger bands sloping down and price unable to reclaim midline resistance. If sellers maintain control below $13.12, further downside is expected towards $13.00 and below.
⚠️ Risk Management
Always use tight SL in high-volatility conditions and risk only 1-2% of your capital per trade to protect your equity.
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