$LINK /USDT STRUGGLING TO BREAK OUT — VOLATILITY AHEAD!
$LINK is currently trading at 15.60 after facing rejection from the 16.42 intraday high. The 15-minute chart shows choppy price action with failed breakout attempts and strong wicks, suggesting indecision and potential bearish retracement.
Trade Setup (Short):
Entry: 15.60
Take Profit: 15.25
Stop Loss: 15.78
Market Outlook:
Despite minor bullish recovery, the upside lacks conviction. Price is hovering near the mid-range, and without a break above 15.75, the risk of further downside remains high. Short-term traders may capitalize on the volatility.
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Ride the momentum before it fades — profits favor the fearless!
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