$LINK
/USDT BEARISH BREAKDOWN — RETESTING SUPPORT AS RESISTANCE 🔻
LINK/USDT is facing strong rejection after a breakdown from the key $14.00 support zone, which is now acting as resistance. The price has retested the lower support zone around $13.25–$13.35 multiple times but failed to gain bullish momentum. The pattern suggests a likely continuation of the downtrend if $13.00 fails to hold.
Trade Setup:
Entry Point: 13.25 – 13.35
Stop Loss: 13.65
Take Profit: 12.85 / 12.50 / 12.10
Margin: 2-3% of wallet
Leverage: 10x
Short Outlook of Market:
Despite minor bounces, the market shows weakness around critical resistance levels. A failure to reclaim above $13.65 would likely lead to deeper pullbacks in the coming sessions.
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buy and trade here on $LINK