$LINK

LINK

11.95

+0.33%

/ USDT — Short Bias Setup

Price is reacting from a clear supply area around the highs, with sellers stepping in and stopping further upside progress. Recent attempts to push higher failed to develop into continuation, giving an edge for a downside rotation.

Short Plan:

Sell Zone: 11.940 – 11.974

Downside Targets:

TP1: 11.855 (initial reaction)

TP2: 11.820 (structure confirmation)

TP3: 11.752 (extended move)

Risk Control:

Stop: Above 12.059

Leverage Guide:

x20 conservative | x50 aggressive | x75 high-risk

With upside momentum stalling and follow-through lacking, the bias favors a pullback from this level. Either execute here or wait for a stronger rejection into supply — patience defines the entry.