🚨 $LINK /USDT – Strong Rejection from $13.70! Momentum Flipping Bearish 🚨

LINK attempted a breakout but was sharply rejected at $13.70, now trading at $13.05, down -1.44% on the day. A steep drop followed by weak recovery candles on the 15-min chart indicates increasing bearish control and vulnerability below $13.00.

24H Stats:

High: $13.70

Low: $12.96

Volume: 3.06M LINK / $41.06M USDT

Market Outlook:

After consolidating near the top, LINK failed to maintain higher support and broke down with aggressive red candles. $13.00 is now the key short-term pivot. If broken again, price could test deeper support levels.

Trade Setup – SHORT SETUP IN PLAY:

Entry Zone: $13.08 – $13.20

Target 1: $12.80

Target 2: $12.55

Final Target: $12.20

Stop Loss: $13.42

Why Short?

Lower highs forming, breakdown below intraday support, and weak bounce attempts signal bearish bias. Bearish continuation is likely if $13 doesn’t reclaim soon.

Risk Tip:

Use smaller sizing or partial positions near key psychological zones like $13.00. Exit quickly if momentum flips bullish.

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