🚨 $LINK /USDT Technical Analysis & Trade Signal 🚨
Current Price: $19.80
Bearish Momentum in Play – Targets to Watch!
🔻 Trade Setup: Bearish Outlook
Entry Point: $19.75 - $19.85
Stop Loss: $20.80 (above recent resistance)
Target 1: $19.31 (24h Low) 📉
Target 2: $18.80 (Previous Support) 📉
Target 3: $18.50 (Strong Support Zone) 📉
💥 Trade Momentum & Market Outlook
Momentum: Bearish across multiple timeframes, with price dipping by -6.78% (1h) and -9.65% (4h)
Volume Insight: High trading volume (110M USDT) supports the downward trend. Look for confirmation of a continuation.
⚡ Actionable Insight: If price holds below $19.80, short the pair with targets at $19.31, $18.80, and $18.50. Keep your stop loss at $20.80 and monitor for possible trend reversal.
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