$LINK /USDT ā Short Trade Signal š» Rejection From Resistance!
Current Price: 17.957
š Market Structure:
$LINK faced clear rejection from the $18.20 resistance zone and is showing signs of exhaustion on the 15m chart.
Recent candles are printing upper wicks with a weakening RSI, hinting at a potential short-term pullback.
š Trade Setup (Short):
Entry Zone: 17.90 ā 18.10
Target 1: 17.45
Target 2: 17.05
Target 3: 16.60
Stop Loss: 18.35
š” Pro Tip:
Watch for a bearish engulfing candle below 17.90 for added confirmation. Consider scaling out profits at each target and trailing your SL once TP1 hits.