$LINK USDT ā BEARISH EXHAUSTION NEAR $13.94 š“
REJECTION AT INTRADAY HIGH
RALLY SHOWING EARLY SIGNS OF COOLING
$LINK surged from $13.20 to $13.94 but is now showing signs of exhaustion. A strong upper wick on the current 1H candle suggests sellers stepping in at the top. Although MACD remains bullish, momentum is likely peaking as price struggles to push higher.
Short Trade Setup:
ā¢ Entry: $13.86 ā $13.90
ā¢ Targets: $13.60 / $13.35
ā¢ Stop Loss: $14.00
ā¢ Leverage: 10x
ā¢ Risk: 2ā3% of wallet
Market Outlook:
A failure to break above $13.94 could trigger a short-term retracement. Watch for a lower high to confirm the shift in momentum.
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