$LINK showing continued bearish pressure after rejection from higher resistance.
Price is trading below MA(7), MA(25), and MA(99), confirming short-term bearish structure. The sharp drop toward $8.35 support indicates strong seller dominance, with weak recovery so far.
If LINK loses $8.35, next downside zone could be $8.20–$8.10. Bulls need to reclaim $8.60 to shift momentum.
Entry: $8.55–$8.60 (Short zone)
TP: $8.20
SL: $8.78
Trend remains bearish unless key resistance is reclaimed.