$LINK /USDT BEARS TAKE CONTROL – WILL THE DOWNTREND CONTINUE?

Immediate Market Explanation:

LINK recently faced a strong rejection from $27.87, forming a lower high and dropping toward the $25.50 support zone. Currently trading at $26.12, price is struggling to break above the MA(25) resistance at $26.18. The overall short-term structure remains bearish as long as price stays below $26.50.

Trade Setup:

Entry (Short): $26.10 – $26.30

Targets (TP):

TP1: $25.70

TP2: $25.20

Stop Loss (SL): $26.70

Market Outlook:

If bears push price below $25.50, we could see an extended move toward $24.80. However, a breakout above $26.70 could invalidate this bearish outlook and open the door for a bullish reversal toward $27.30.

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