🟥🟥 $LINK LIMIT SHORT TRADE 🟥🟥
Short #LINK🔥🔥🔥
Entry: 9.95 – 10.30
Stop Loss: 10.75
TP1: 9.40
TP2: 8.95
Why put the limit order there?
1️⃣ Psychological Resistance
The $10 region is a strong psychological level where sellers often step in.
2️⃣ Liquidity Above Highs
Price just pushed toward 10, meaning a small sweep above this level could grab liquidity before a pullback.
3️⃣ Extended Move
Chainlink has rallied from around 8.6 → 10, so a short-term correction is very possible.
4️⃣ Previous Range Support
If rejection happens, price could retrace toward 9.4 → 8.9, which acted as previous consolidation support.
✅ Simple plan
Place a limit short near 10.10
Stop loss 10.75
Take profits gradually on the pullback.
⚠️ Invalidation
If price breaks and holds above 10.75, the resistance fails and bullish continuation becomes likely.
This trade idea includes the invalidation level. Always manage your risk and do your own research (DYOR). Not financial advice. 🔥
Trade $LINK here 👇 📉
