🚨$LINK / USDT Technical Analysis - Bearish Momentum Continues🚨

The $LINK / USDT pair is currently trading at 23.18, down 16.26% over the past 24 hours. The price has been trending downwards, and the technical indicators suggest that the bearish momentum is likely to continue.

Technical Analysis:

* Moving Averages: The 7, 25, and 99-period moving averages are all sloping downwards, indicating a strong bearish trend.

* Volume: The 24-hour trading volume for LINK is 14.55M, which is significantly higher than the 24-hour volume for USDT (362.72M). This indicates that there is strong selling pressure in the market.

* Depth: The order book depth shows that there is more sell volume than buy volume at the current price level. This further supports the bearish outlook.

Overall, the technical analysis suggests that the LINK/USDT pair is likely to continue its downward trend in the near future.

Disclaimer: This is not financial advice. Please do your own research before making any investment decisions.