$LINK REJECTION AT RESISTANCE CONFIRMS BEARISH MOMENTUM IS IN CONTROL 📉
Entry: 7.20 - 7.24 🔥
Target: 7.15, 7.10, 7.07 🚀
Stop Loss: 7.33 ⚠️
The price action on $LINK shows a clear inability to reclaim the 7.24 resistance level, suggesting that sellers are absorbing the current liquidity. With the asset struggling to sustain upward momentum, the structure remains tilted toward the downside as we approach the next support shelf.
The current rejection confirms that the supply side is active and waiting for lower liquidity pools. Do you expect a clean break of the 7.07 level or a consolidation phase first?
Not financial advice. Always manage your risk.
#LINK #ShortSetup #MarketStructure #Crypto
🎯
Entry: 7.20 - 7.24 🔥
Target: 7.15, 7.10, 7.07 🚀
Stop Loss: 7.33 ⚠️
The price action on $LINK shows a clear inability to reclaim the 7.24 resistance level, suggesting that sellers are absorbing the current liquidity. With the asset struggling to sustain upward momentum, the structure remains tilted toward the downside as we approach the next support shelf.
The current rejection confirms that the supply side is active and waiting for lower liquidity pools. Do you expect a clean break of the 7.07 level or a consolidation phase first?
Not financial advice. Always manage your risk.
#LINK #ShortSetup #MarketStructure #Crypto
🎯