$LINK /USDT BEARISH SETUP 📉⚠️

LINK is currently showing signs of weakness after a rejection from the recent high. The price is trading at $16.10, down 4.00%, suggesting bearish momentum in the short term.

🔹 KEY LEVELS

Resistance: $16.45 🧱

Support 1: $16.05 🔻

Support 2: $15.60 🔻

LINK is struggling to hold above the $16.10 support level and is currently hovering just above its intraday low of $16.05. A clean break below could accelerate further downside.

🔻 TRADE SETUP – SHORT

Entry: $16.05

Target 1 (TP1): $15.60

Target 2 (TP2): $15.20

Stop Loss (SL): $16.45

💡 Risk Management:

Use proper position sizing (1-2% of capital risk per trade). Always trade with SL in place to manage unexpected volatility. 📉🔒

⚠️ Wait for confirmation of breakdown below $16.05 before entering!

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