$LINK /USDT TECHNICAL ANALYSIS – BEARISH CONTINUATION
$LINK /USDT is showing bearish momentum after failing to hold above key resistance near 14.30. The MACD is turning negative, and short-term EMAs are sloping downwards, indicating selling pressure. Bollinger Bands are expanding on the downside, signaling a potential continuation of the downtrend.
Short Entry: 13.75 – 13.85
Target 1 (TP1): 13.50
Target 2 (TP2): 13.20
Stop Loss (SL): 14.00
Risk Management: Maintain moderate position size, use strict SL to limit losses, and consider partial profit-taking at TP1 to secure gains.
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LINKUSDT
Perp
13.67
-2.33%