$LINK /USDT - BEARS BACK IN CONTROL? 🔻

After a temporary pullback, $LINK has resumed its downward momentum, currently trading at $22.75 (-3.89%). The price faced strong rejection from the resistance zone around $23.38 - $23.93, indicating seller dominance.

Key Levels:

🔹 Resistance: $23.38 - $23.93

🔹 Support: $22.46, $22.00

Market Outlook:

Despite an attempt to recover, $LINK faced strong selling pressure near $23.38 - $23.93, leading to another downward push. If the price breaks below $22.46, a further drop towards $22.00 could be expected. Bulls must reclaim $23.50+ to shift momentum.

Risk Management:

📌 Use a tight SL to protect against sudden reversals.

📌 Risk-to-reward ratio should be considered before entering.

📌 Avoid overleveraging in a volatile market.

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