$LINK – BEARISH RETEST IN MOTION, SHORT TRADE OPPORTUNITY
STRONG SELL-OFF. WEAK RELIEF BOUNCE.
$LINK dumped from the $16.09 zone to a low of $15.43, breaking below key intraday support. While a minor bounce is underway, the price is struggling to reclaim the $15.70 level, suggesting a bearish retest setup. Lower highs and heavy red candles confirm seller dominance.
SHORT ENTRY: $15.62
TARGETS: $15.30 / $15.00
STOP LOSS: $15.80
As long as $LINK trades below $15.80, downside continuation remains likely.
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