$LINK /USDT: Short Trade Opportunity🔥💯

Analysis Overview:

Chainlink (LINK) has displayed a bearish momentum, with the price trending downward near the $23.66 mark on the 15-minute timeframe. The break below key support zones signals a potential short trade setup.

Trade Details:

1. Entry Point: $23.60 (upon a confirmed close below $23.60)

2. Take Profit 1 (TP1): $23.20

3. Take Profit 2 (TP2): $22.90

4. Stop Loss (SL): $24.10

Rationale:

• The recent lower highs and lower lows confirm a bearish structure.

• A sharp rejection from the $24.60 level indicates selling pressure.

• The 24-hour low of $23.42 acts as a potential magnet for further downside.

Risk Management:

• Ensure proper position sizing.

• Exit the trade if price closes above $24.10.

Stay vigilant for volatility near support and resistance levels.

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