$LINK /USDT BEARISH TURN – STRONG REJECTION AT $24.76 SIGNALS SELLERS’ CONTROL
Chainlink hit resistance at $24.76 and quickly lost momentum, breaking below short-term moving averages. The sharp red candles and increased selling volume suggest that bears are stepping in, pointing toward a short-term downside move unless buyers reclaim $24.40 levels quickly.
Trade Setup:
Entry (Short): $24.15 – $24.30
Targets (TP): $23.90, $23.60
Stop Loss (SL): $24.70
Market Outlook:
The immediate trend leans bearish, with downside pressure likely toward the $23.60 support zone. However, if bulls defend the $23.90–$24 area strongly, LINK could consolidate before another attempt at $24.70–$25.00.
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