$LINK /USDT TECHNICAL ANALYSIS – BEARS STILL IN CONTROL, LOWER LEVELS LIKELY NEXT 📉

Market Next Move (Bearish):

$LINK is showing bearish continuation signs after failing to reclaim the 13.40–13.50 resistance zone. Price is trading below short-term EMAs with weak buying volume, indicating sellers are still dominating. As long as LINK stays below key resistance, the probability favors a move toward lower support levels before any meaningful bounce.

Trade Setup (Short Position)

Entry: 13.20 – 13.30

Stop Loss (SL): 13.60

Targets (TP):

TP1: 13.00

TP2: 12.70

TP3: 12.30

Risk-reward remains favorable as price is near resistance with downside momentum intact.

Market Outlook:

Overall market structure for LINK remains weak in the short term. If BTC stays sideways or turns bearish, LINK could accelerate its downside move. A bullish reversal would only be considered if price reclaims and holds above 13.60 with volume, otherwise rallies may face selling pressure.

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