$LINK REJECTED AT RESISTANCE – SHORT BIAS INTACT FOR NOW 🎯
Entry: $7.36 – $7.45 🔥
Target: $7.25 🚀
Stop Loss: $7.53 ⚠️
$LINK saw a clean rejection at the $7.45 resistance zone, with sellers absorbing every attempt higher. Momentum is fading on the 15M and 1H timeframes, and volume is dropping off as price sits below the order block. The structure is firmly bearish as long as we stay under $7.45.
The first target at $7.25 offers a solid 1:1.3 risk-to-reward before the deeper liquidity zone at $7.18. Are you shorting this rejection or waiting for a retest?
Not financial advice. Always manage your risk.
#LINK #ShortSetup #Rejection #Crypto #TechnicalAnalysis
🎯
Entry: $7.36 – $7.45 🔥
Target: $7.25 🚀
Stop Loss: $7.53 ⚠️
$LINK saw a clean rejection at the $7.45 resistance zone, with sellers absorbing every attempt higher. Momentum is fading on the 15M and 1H timeframes, and volume is dropping off as price sits below the order block. The structure is firmly bearish as long as we stay under $7.45.
The first target at $7.25 offers a solid 1:1.3 risk-to-reward before the deeper liquidity zone at $7.18. Are you shorting this rejection or waiting for a retest?
Not financial advice. Always manage your risk.
#LINK #ShortSetup #Rejection #Crypto #TechnicalAnalysis
🎯