$LINK /USDT – BEARISH PRESSURE BUILDING

Current Price: $15.49

24h Change: -2.52%

Timeframe: 4H

TECHNICAL ANALYSIS:

LINK is showing weakness after getting rejected near $16.47 (24h high) and is now trading near its intraday support level. The price action is forming lower highs, hinting at a possible downside continuation if support breaks.

Resistance Levels:

$15.90 – Minor resistance (previous bounce zone)

$16.50 – Major resistance (local high and rejection area)

Support Levels:

$15.38 – Immediate support (24h low)

$15.00 – Strong psychological and technical support

Volume is declining, and momentum is fading. Bears are in control unless bulls step in aggressively around support.

TRADE SETUP (SHORT ENTRY):

Entry: $15.60 – $15.50 (on weak bounce or break retest)

Targets (TP):

TP1: $15.00

TP2: $14.60

Stop Loss (SL): $16.00

Risk/Reward Ratio: ~2.1:1

RISK MANAGEMENT:

Limit risk to 1-2% of your total capital

Use tight SL to protect against reversal

Adjust position size based on volatility

Protect capital first. Let the trend pay you.

#LINK #Chainlink #CryptoAnalysis #BearishSetup #ShortTrade #Write2Earn $LINK