$LINK USDT – BEARISH PRESSURE AFTER FAILED BREAKOUT!
REJECTION AT $20.28
STRONG SELLING WICKS FORMING
$LINK hit a 24h high of $20.28 but failed to hold above $20.00. The hourly chart shows multiple rejection candles followed by a sharp red bar, indicating heavy profit-taking and selling pressure. Price is now consolidating below $19.60, a key intraday pivot level.
Trade Setup
• Short Entry: $19.60–$19.70
• Take Profit: $19.20 / $18.90
• Stop Loss: $20.05
• Leverage: 10x
• Risk Allocation: 2–3%
Market Outlook:
If LINK fails to reclaim $19.89, expect continuation to lower support zones. Bearish structure confirmed unless bulls push back above $20.10 on strong volume.
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