📉 $LINK /USDT Technical Breakdown — Eyes on the Drop Zones!
Chainlink is under heavy pressure! With price slipping to $11.45 (-8.40%), the bears are tightening their grip. Is there hope—or is $LINK heading for a deeper correction? ⚠️
🧠 Quick TA Insights:
• Price Range: $12.56 ↘ $11.29
• Current Price: $11.45
• 24h Vol: 70.3M USDT
• SAR: Flipped Bearish at $12.02
• MA Trend: MA(5) and MA(10) pointing down = selling momentum rising
• Market Sentiment: Risk-off
📊 Key Bearish Targets 🎯
1. $10.70 — Fib 0.618 zone + psychological level
2. $10.10 — Strong historical support (May base)
3. $9.45 — Major liquidity zone & panic low
🚨 Break of $11.29 = Gate opens to deeper zones.
Reversal only if $12.20+ is reclaimed with volume confirmation.
🔥 Strategy Zone:
• Short below $11.20 (tight SL above $11.60)
• Spot Buy Setup if bounce confirmed above $12.10
💬 What’s your move on LINK — fading the trend or buying blood?
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