$LINK /USDT short trade signal 🚦 ā¤ļø

based on current market data:

$LINK /USDT

HEAVY SELL-OFF FROM $14.74 RESISTANCE

STRONG BEARISH CANDLE FORMS BELOW $13.50

SUPPORT NEAR $12.70 UNDER TEST

Chainlink is trading at $13.18, down -10.16% in the past 24 hours. After reaching a high of $14.74, the price retraced sharply, forming a bearish engulfing pattern. Current price action shows weak buying near the local support of $12.75, with no clear reversal signs yet.

šŸ“‰ Trade Setup: SHORT (trend-following setup)

Entry: 13.20–13.30

Target 1: 12.70

Target 2: 12.10

Stop-loss: 13.65

šŸ”­ Market Outlook: Bearish — LINK is facing macro resistance from long-term sellers and token unlock activity. Any relief bounce is likely to be sold into unless the price breaks back above $14.50.

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buy and trade here on $LINK