#Signal🚥.
Entry: 26 - 26.99
Support: $25.00
Resistance: $27.00
SHORT
TP1: $25.47
TP2: $24.32
TP3: $22.82
SL: $27.92
Justification:
– Over the last 48 hours, LINK has repeatedly tested the resistance at $27, but has bounced back, signaling the exhaustion of bullish momentum and potential for a correction.
– Technical indicators (RSI, short EMAs) indicate overbought conditions in the short term and a possible pullback.
– Against the backdrop of increasing volumes of whale collections and decreasing reserves on exchanges, the value of LINK is rising, but the exhaustion of interest may lead to temporary profit-taking.
– The current dynamics resemble a reversal after an attempt to break through, which fits the Breakdown Pullback strategy — entry on a retest after a decline from resistance.
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