Does $LINK face resistance? Is a correction likely?
After its rise towards the 16.975-17.500 area, LINK is now hovering near a strong supply zone. With Bitcoin (BTC) market weakness under current conditions, $LINK may be preparing for a sharp decline if the momentum fails to break a higher level.
Entry Price: 16.975 - 17.500
Direction: Sell 🔻
🎯 TP1: 16.40
🎯 TP2: 15.80
🎯 TP3: 15.25
🎯 TP4: 14.70
🎯 TP5: 14.10
🎯 TP6: 13.55
❌ Stop Loss: 17.85
Buy and trade here $LINK