$LINK /USDT – Sharp Rejection from $15.28, Testing Key Support!

After a strong rally to $15.28, $LINK faced significant selling pressure, dropping by -3.16% to $14.42. This sharp correction is testing the short-term support zone, raising concerns about further downside if bulls fail to hold this level.

Key Stats:

Current Price: $14.42

24H High: $15.28

24H Low: $14.15

24H Volume: 4.06M LINK / $60.05M USDT

Chart Analysis:

$LINK surged from $12.88 to $15.28 but quickly reversed, printing multiple red candles on the hourly chart. The $14.15–$14.30 zone is now acting as support. Bulls need a strong bounce here to regain momentum.

Watch Zones:

Resistance: $14.87 – Reclaiming this level may trigger another push toward $15.28

Support: $14.15 – Must hold to avoid slipping back toward $13.82

Trade Signal:

Entry Zone: $14.20 – $14.40

TP 1: $14.87

TP 2: $15.20

Final Target: $15.50

Stop Loss: $13.95

Pro Tip: Watch for bullish candlestick patterns or volume spikes near $14.20 to confirm reversal entry. Avoid aggressive entries unless momentum shifts.

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