š LINK BREAKS SUPPORT ā DIP OR DEEPER DIVE? ā ļøš
$LINK just dropped -7.84%, now sitting at $13.99 after a harsh sell-off from the $15.66 high.
Price action on the 4H chart shows a firm rejection at the MA(25) and breakdown below MA(99).
It has now reached a key support zone near $13.80 ā a critical decision level for bulls.
If buyers step in here, LINK could rebound fast ā but a failure may trigger another leg down.
š Trade Setup (Short-Term Reversal)
⢠Entry Zone: $13.85 ā $14.05
⢠Take Profit 1: $14.48
⢠Take Profit 2: $14.90
⢠Take Profit 3: $15.25
⢠Stop Loss: $13.45
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