$LINK /USDT Rejection at Resistance Short ๐ป
$LINK has hit resistance at $15.86 and failed to break higher. A rejection candle on the 15M chart confirms weakness after the recent rally. Momentum is fading, and if the price stays below resistance, a short-term correction is likely.
๐ป Short Trade Setup:
โข Entry: $15.81 โ $15.86
โข TP: $15.59
โข SL: $15.96
โข Leverage: 10x
โข Risk: 2โ3% of wallet
๐ Market Outlook:
Price structure suggests a local top is forming. Sellers are gaining control, and unless LINK reclaims $15.86 quickly, expect a move toward lower supports. Look for confirmation via failed retests near resistance.