š Trade Setup: $LINK ā Breakdown Rejection, Short Bias Intact
LINK broke its 1H EMAs sharply and closed below all intraday supports with strong sell volume. 4H structure is still weak with lower highs forming.
š» Short Entry: 14.10 ā 14.30 (weak bounce into mid-BB / EMA20)
šÆ Take-Profit Targets:
TP1: 13.60 ā 1H support
TP2: 13.20 ā 4H demand zone & lower Bollinger band
š Stop-Loss: ā 14.55 ā 14.65 (break above 1H supply zone)
Risk:Reward: 1:2+
ā ļø Risk Factors
LINK often wicks aggressively ā wait for controlled bounce.
If LINK reclaims 14.55+ with strong volume, short setup becomes invalid.
