$LINK

USDT BEARISH DIVE – WILL IT BREAK BELOW $12.80?

$LINK is showing clear downward momentum after repeated failed attempts to reclaim $13.40. Currently trading at $12.90 (-5.15%), it is pressing towards its 24h low of $12.78.

🔑 Key Levels:

Resistance: $13.20 – $13.40

Support: $12.80 (critical) and deeper at $12.50

📉 Trade Setup (Short):

Entry: $12.95 – $13.10

Take Profit Targets:

🎯 TP1: $12.70

🎯 TP2: $12.50

Stop Loss: $13.30

📊 Market Outlook:

LINK is in a clear bearish trend with lower highs and lower lows on the 1H timeframe. A break below $12.80 support could trigger further sell-offs towards $12.50. Reclaiming $13.20 resistance is required to negate this bearish bias.

⚠️ Risk Management:

Always use strict SL. Do not risk more than 1-2% of your capital per trade. Market can reverse anytime – protect your funds.

💭 What do you think – will LINKUSDT crack $12.80 this week? Drop your view below.

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