$LINK
K/USDT BEARISH REVERSAL AFTER FAILED BREAKOUT
LINK spiked strongly toward $27.8 but faced heavy rejection, pulling back to $26.1. The sharp sell-off after the breakout attempt suggests bears are regaining control in the short term. If price fails to reclaim $26.5–$27, further downside pressure is likely.
Trade Setup (Short):
Entry: $26.2 – $26.5
Take Profits: $25.6 / $25.0 / $24.2
Stop Loss: $27.2
Market Outlook:
Momentum has shifted toward sellers after rejection at $27.8. As long as LINK trades below $26.5, downside continuation toward $25 remains in play. Bulls need strong volume above $27 to regain strength.
