$LINK /USDT – Bearish Drift Below $16.50 Key Zone!
Current Price: $16.31 (-2.34%)
#Chainlink is showing fading momentum after multiple rejections near $16.80. If it breaks below $15.69, a stronger correction may follow.
📉 Short Setup:
Entry Zone: $16.40 – $16.20
TP1: $15.80
TP2: $15.40
TP3: $14.90
Stop Loss: $16.85
📊 Trading Data:
24h High: $16.83
24h Low: $15.69
Volume: 4.90M LINK / $79.61M USDT
Current Depth Resistance: $16.50 – $16.80
🧠 Market Insights:
Bearish pressure increases below $16.50, with weak volume on attempted bounces. Watch closely if support at $15.69 cracks—sellers may take control.
⚠️ Pro Tip:
Use tight SL and monitor 15m/1h trend breaks. A failed bounce at $16.30 = strong signal for short scalps.
Is $LINK heading toward a deeper pullback or gearing for a bounce?
Buy And Trade Here On $LINK