$LINK /USDT short trade signal 🚦 🛑

BEARISH SETUP ACTIVATED — REJECTION ZONE HOLDS STRONG!

Price action on $LINK/USDT shows a clear rejection from the resistance zone around $16.29–$16.38, indicating sellers are defending the level aggressively. After a brief attempt to push higher, the price failed to break through, confirming bearish pressure and setting up for a downside move.

Trade Setup:

Entry (Short): $16.17

Take Profit (TP): $15.81

Stop Loss (SL): $16.39

Market Outlook:

ChainLink is currently trading within a key resistance block and has formed a lower high on the chart, suggesting potential further downside. Volume also hints at weakening buying strength. Bears might look to take control again if the support at $16 breaks cleanly.

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