ChainLink is trading at $17.29, down -3.03%, after failing to hold above the $18.00 resistance zone. The price shows clear rejection and is now testing key support around $17.20–$17.30. If this level breaks, we may see further downside.
📉 Trade Setup – SHORT Bias:
Entry: $17.25 – $17.35
Stop Loss: $17.65
Target 1: $16.80
Target 2: $16.30
Target 3: $15.90
Momentum favors bears for now. A break below $17.20 could trigger stronger sell pressure — watch closely!