$LINK /USDT BEARS CONTINUE TO DOMINATE AS PRICE HOLDS UNDER RESISTANCE!
$LINK is trading at $15.00 after a persistent downtrend from the $15.60+ region. The chart clearly shows a sequence of lower highs and lower lows, signaling continued selling pressure. Bulls failed to reclaim control on minor rebounds, and momentum remains weak on the 1H timeframe.
Trade Setup (Short):
Entry: $15.10 – $15.30
Take Profit (TP): $14.60 / $14.10
Stop Loss (SL): $15.65
Market Outlook:
As long as $15.60 is not reclaimed, LINK remains in a bearish structure. A breakdown below $14.80 would likely trigger accelerated selling into lower supports. Caution advised on long positions unless clear reversal signs emerge.
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