$LINK USDT ā SHORT SETUP AFTER STRONG REJECTION š
LINK surged from $20.81 to $22.70 but quickly faced heavy selling pressure, leaving a notable rejection wick. Price is now trading at $22.15, indicating potential short-term weakness as bulls lose momentum.
š Trade Setup (Short)
Entry Zone: $22.12 ā $22.18
TP1: $21.55
TP2: $21.13
Stop Loss: Above $22.72 (recent high)
š Outlook:
Failure to reclaim $22.38 resistance may trigger further downside. A breakdown below $21.96 could accelerate the move toward $21.13 support.
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