$LINK

LINK

9.07

+4.37%

/USDT – Breakdown Brewing, Bears in Control! 🔻💥🐻

ChainLink is showing signs of weakness with a sharp rejection near the $12.88 resistance. Sellers are pressing hard, and the market is tipping into a bearish bias with a potential for a stronger downward move.

Current Price: 12.71

Entry Zone: 12.68 – 12.73

Stop Loss: 12.88

Targets:

🎯 Target 1: 12.55

🎯 Target 2: 12.45

🎯 Final Target: 12.36

Why Short?

Strong resistance at 12.88

Lower highs forming on the chart

Bearish candlesticks dominating the current structure

Pro Tip: Watch for increased volume on breakdown; you can add to your position below 12.60 for momentum confirmation.

Stay sharp—this could cascade lower if key levels break!

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