$LINK /USDT – BEARS PRESSURE PRICE AS $16.08 SUPPORT GETS RETESTED 🔻
LINK is trading near key support after a sharp decline from $16.45. Price action shows sellers maintaining control, with $16.08 acting as the last short-term defense. A breakdown below this level could invite more downside.
📊 Trade Setup (Short)
Entry Zone: $16.12 – $16.20
Take Profit 1: $16.00
Take Profit 2: $15.85
Stop Loss: $16.45
📉 Market Outlook:
Momentum remains bearish on the 15m chart. If $16.08 breaks, downside targets toward $15.85 could be tested. Bulls must reclaim $16.45 to shift the short-term sentiment.
#LINKUSDT #Chainlink #BearishSetup #CryptoTrading
buy and trade here on$LINK