📉 $LINK / USDT – RETESTING SUPPORT WITH WEAK MOMENTUM 📉

$LINK is currently trading at $13.12, slightly down from the recent bounce after hitting a local low of $12.75.

The 4H chart reveals strong bearish momentum, with price struggling below the 7 MA ($13.27), 25 MA ($14.30), and 99 MA ($14.10).

After topping at $15.66, LINK has been in a steady downtrend, forming lower highs and lower lows.

Current price action shows tight candles and weak volume — a sign of indecision and potential setup for the next move.

A break below $13.00 could expose deeper supports, while a reclaim of $13.50 is needed to shift bias bullish.

📊 Trading Plan

Bearish Setup (Continuation)

• Entry: $13.20 – $13.30

• Take Profits: $13.00 / $12.75 / $12.50

• Stop Loss: $13.60

Reversal Long Setup (Breakout Confirmation)

• Entry: $13.50 – $13.70

• Take Profits: $14.10 / $14.60 / $15.00

• Stop Loss: $13.10

⚠️ Wait for volume confirmation — current range is vulnerable to fakeouts.

#LINK #Chainlink #LINKUSDT #CryptoAnalysis #BinanceTrading $LINK