$LINK /USDT BEARISH SETUP 🔻: SELLING PRESSURE BUILDING

📊 Market Analysis:

$LINK /USDT is showing signs of weakness, currently trading at $15.89 with a -0.94% decline. The price rejected the resistance at $17.54 and is now testing the key support at $15.73. A breakdown below this level could trigger more downside pressure.

🔑 Key Levels:

Resistance: $17.54 (24H High)

Support: $15.73 (24H Low)

Current Price: $15.89

🛒 Trade Setup:

❌ Short Entry: $15.80 - $16.00

🎯 Take Profit (TP):

TP1: $15.30

TP2: $14.80

✅ Stop Loss (SL): $16.50

⚠️ Risk Management:

Keep a tight stop loss to protect capital. Monitor price action closely for confirmation of further downside before adding to short positions!

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LINK
LINKUSDT
8.509
-0.78%