$LINK

usdt short trade setup

Current price :$16.4

$LINK is showing signs of exhaustion near $16.60 resistance. Lower timeframes suggest a short-term correction. A short trade from $16.30–$16.60 targets a move back toward the $15.25–$14.80 support area. Use a tight stop above $16.75 to protect against fakeouts

Short Trade Setup

Entry Zone: $16.30 – $16.60

🎯 Targets (Take Profits):

1. TP1: $16.05

2. TP2: $15.70

3. TP3: $15.25

4. TP4: $14.80

Stop Loss:

$16.75 (above recent swing high and resistance

Critical levels

Key Resistance Zone:

$16.50 – $16.75

Key Support Zone:

$15.25 – $14.80

$LINK recently tested a local resistance zone at $16.60, showing signs of price rejection and fading momentum.