$LINK USDT BREAKOUT WATCH - BEARS EYE $16.08 REPEAT ⚠️📉
$LINK rejected from $16.48, now hovering around $16.18. Sharp downside pressure after failing to reclaim key MAs. Bears gaining control unless bulls defend critical short-term support.
Key Levels to Watch
🔺 Resistance: $16.30 - Needs breakout to retest $16.48 → $16.57
🔻 Support: $16.08 - Breakdown could send price to $15.85 → $15.60
Trade Setup – Stay Sharp
– Long Entry: Above $16.30 → Targets at $16.48 → $16.57
– Short Entry: Below $16.08 → Targeting $15.85 → $15.60
🚨 Stop-Loss: $16.18 for longs, $16.32 for shorts
Quick Tips
- 15M trend remains weak below moving averages
- Momentum favors sellers unless strong volume shift
- $16.08 is make-or-break short-term level