$LINK /USDT short trade signal 🛑 🚦
BEARISH RETEST SETUP — SELLERS LIKELY TO DOMINATE FROM RESISTANCE ZONE!
LINK/USDT is currently retesting the broken support-turned-resistance zone near 14.07 after a clear breakdown from the range. This bearish retest signals potential continuation of the downtrend if price fails to reclaim above the 14.20 level.
Trade Setup:
Entry (Short): 14.06 – 14.10
Take-Profit (TP): 13.85
Stop-Loss (SL): 14.21
Market Outlook:
The price action is showing weakness on lower timeframes with repeated rejection from resistance. As long as the pair stays below 14.10, the bearish outlook remains valid. Watch for increasing volume on the next leg down to confirm momentum.
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