🔻 $LINK
USDT BEARISH TREND HOLDS – WILL LINK BREAK BELOW $12.80 SUPPORT? 🔻
$LINKUSDT continues its bearish consolidation on the 15m chart with repeated rejections near minor resistances, showing sellers are still in control despite short-lived bounces.
🔑 Key Levels:
Current Price: 12.92
Support: 12.80
Resistance: 13.00
🎯 Trade Setup (Short):
Entry: 12.90 – 12.95 (after rejection confirmation)
Take Profits:
✅ TP1: 12.85
✅ TP2: 12.80
✅ TP3: 12.73 (extended target if breakdown accelerates)
Stop Loss: 13.02
📊 Market Outlook:
LINK remains under bearish pressure with no confirmed reversal signs on the lower timeframe. A clean break below 12.80 can lead to further downside towards the day’s low at 12.73. Bulls will need to reclaim above 13.00 to invalidate this bearish setup.
⚠️ Risk Management:
Always risk only 1-2% per trade. Use strict SL placement to protect capital and avoid emotional trading decisions.
💬 Will LINK fall further or surprise with a reversal today? Comment 🔗 if you’re trading this move!
buy and trade here on $LINK