$LINK /USDT Short Trade Signal! 🔥💯
Current Price: $24.26
Trade Plan:
Entry Point: $24.10 - $24.30 (targeting a small pullback for confirmation)
Stop Loss: $25.00 (above recent resistance)
Target 1: $23.00 (near support)
Target 2: $22.50 (extended target)
Risk-to-Reward: 3:1
Analysis:
Resistance: $24.60 (strong rejection seen previously)
Support: $23.00 (potential bounce zone)
Momentum: Bearish, with price testing lower levels after failing to break above $24.60.
Volume: Look for decreasing volume near resistance to confirm the downtrend.
Be cautious of any bullish reversal signals above $25.00. Keep an eye on market sentiment for any broader shifts.
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