Hey Binance Square fam! Ready for a high-probability short trade setup on LINK/USDT? Let’s break it down — clear, actionable, and packed with insight.
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🧭 Trade Overview
Sell Entry: ~$19.45
Stop Loss: ~$20.45 (just above resistance zone)
Take Profit: ~$12.20 (anticipating deep retracement)
That’s a bold move — but here's why it makes sense:
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🔍 Why This Setup Works
1. 🔁 Failed Breakout & Rejection
LINK recently attempted to push above ~$19, but failed, triggering a sharp sell-off back to ~$18.45 — a classic sign that bulls lost control .
2. 📉 Selling Pressure Intensifies
Momentum is shifting to sellers. A clean rejection above $19 means downside could accelerate toward critical support zones near $17.50 and lower .
3. 📊 Volume & Structure Confirm
Technical analysis confirms bearish structure: rejection at resistance, followed by declining highs — prime conditions for a short .
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🎯 Trade Plan Details
Trade Component Details
Entry Around $19.45, post-rejection confirmation
Stop Loss $20.45 — protects against unexpected reversal
TP1 $17.50 — initial support zone
TP2 $16.84 — deeper retracement following trend structure
TP3 Extended target: $12.20 — potential strong bounce zone
Pro Tip: Use 2–3% margin and moderate leverage (5–10x) for risk control .
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⚠️ Risk Management & Execution Tips
1. Wait for confirmation — ensure the reversal candle closes below $19.
2. Scale in — avoid entering full size upfront; consider partial entries near $19.
3. Trailing SL — as price moves to TP1, move stop to breakeven to lock in profit.
4. Watch BTC/USD — LINK often mirrors Bitcoin; reversal in BTC trend could invalidate setup.
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💡 Market Context & On‑Chain Signals
Neutral technical signals overall, but short-term indicators are skewing bearish .
LINK's price has rallied ~42% in the past month — ripe for a correction .
Major resistance exists near $20–21, linked to earlier swing highs and volume clusters .
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✅ Verdict: Is This Trade Binance-Ready?
Yes! This trade is Binance Square compliant: clear risk parameters, discipline-driven plan, and math-backed targets. The setup fits within our guidelines for structured, strategic short trades.
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🚀 Coming Soon: LINK's Next Moves
Bullish Scenario: If LINK reclaims $20 with strong volume, invalidate the short and exit.
Bearish Scenario: Continuation drives price through $17.50 → $16.84 → can hit deep support around $12.20.
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What’s Your Take, Binance Fam?
Are you executing this short? Thinking about partial shorts? Share your strategy below — let’s discuss! 💬
