$LINK ALERT DOWNTREND IN PLAY!
$LINK is sliding, and the charts are screaming short opportunity.
Current Price: $13.75 | 24h Low: $13.53 | 24h High: $14.29
Trading Plan (Short):
• Entry: $13.70 – $14.00
• Stop Loss: $14.35
• Take Profit: $13.532 → $13.00
• Key Levels: EMA(50) at $15,004 is acting as a strong ceiling, rejecting price moves repeatedly.
Indicators:
• RSI sits near 50 room to drop further
• MACD deep below zero (-0.265 vs -0.477) but curling up expect a small bounce before continuation
Outlook:
Breaking $13.532 opens the door to $13.00. Below that? $12.5 is next. The trend is clearly bearish, so ride the wave carefully.
Stay alert, trade smart, and watch the support levels closely!
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