$LINK /USDT BEARISH CORRECTION ACTIVE 🔻 | SHORT TRADE SETUP
📉 Current Price: $13.45
📈 24h High: $14.08
📉 24h Low: $13.22
📊 24h Volume (LINK): 3.04M
💰 24h Volume (USDT): $41.61M
📉 24h Change: -3.31%
🔍 TECHNICAL ANALYSIS
LINK is showing signs of weakening momentum, slipping from a recent local high of $14.08. The price has pulled back below the $13.60–$13.80 zone, which acted as support-turned-resistance. With a lower high now confirmed and price trending near $13.22 support, a breakdown could lead to a deeper correction.
Bulls must reclaim $13.80+ to regain momentum, otherwise bears may drive price lower.
🔑 KEY LEVELS TO WATCH
Resistance:
🔺 $13.60 – Local resistance
🔺 $14.08 – Recent high
🔺 $14.20 – Strong resistance zone
Support:
🟢 $13.22 – Immediate support
🟢 $13.00 – Psychological level
🟢 $12.50 – Major demand zone
🔻 SHORT TRADE SETUP
Entry Zone: $13.45 – $13.60
Target 1: $13.22
Target 2: $13.00
Target 3 (Extended): $12.50
Stop-Loss: $13.85 (above recent structure)
🛡 RISK MANAGEMENT
Risk only 1%–2% of total capital
Use tight stop-loss to avoid reversal traps
Ensure a minimum 1:2 R:R ratio
Monitor BTC & ETH for broader trend alignment
📌 SUMMARY:
$LINK is showing bearish continuation after failing to sustain above $14. Short opportunities exist as long as it stays below $13.80. A clean break of $13.22 may accelerate downside.
> Trade smart. Guard your risk. Not financial advice.
#NFPWatch #BTCReclaims110K #REX-OSPREYSolanaETF #DYMBinanceHODL #WIF $LINK
