🛑 $LINK /USDT Short Trade Signal 🚦
Chainlink is displaying weakness after repeated rejections near $13.80, failing to hold mid-level supports, and now consolidating under a critical resistance zone. This structure favors a further bearish continuation toward lower supports.
🔻 Short Trade Setup
• Entry Zone: $13.50 – $13.56
• Take Profit 1: $13.40
• Take Profit 2: $13.30
• Take Profit 3: $13.23
• Stop Loss: $13.72
📊 Market Outlook
Momentum is clearly bearish, with the trend showing lower highs and lower lows. As price stays below $13.80 and under the short-term EMA, sellers remain in control. Watch for increased breakdown volume under $13.50 to trigger accelerated downside toward targets.