🚨 $LINK /USDT Technical Analysis & Trading Signal 🚨
19.77
-3.13%
Current Price: $19.80
Bearish Momentum in Play – Targets to Watch!
🔻 Trade Setup: Bearish
Entry Point: $19.75 - $19.85
Stop Loss: $20.80 (Above Recent Resistance)
Target 1: $19.31 (24-hour low) 📉
Target 2: $18.80 (Previous Support) 📉
Target 3: $18.50 (Strong Support Area) 📉
💥 Trading Momentum & Market Overview
Momentum: Bearish across multiple timeframes, with price down -6.78% (1-hour) and -9.65% (4-hour)
Volume Insight: High trading volume (110M USDT) supports the downtrend. Look for confirmation to continue.
⚡ Actionable Insight: If price holds below $19.80, sell the pair with targets at $19.31, $18.80, and $18.50. Keep a stop loss at $20.80 and watch for a possible trend reversal