$LINK / USDT Downtrend Extension Short Setup
$LINK remains under strong bearish pressure on the 1H timeframe after losing the 10.50 support. Continuous lower highs and heavy sell candles indicate sellers are still in control.
Short Entry Zone
9.90 – 10.20
Key Resistance Area
10.40 – 10.60
Downside Targets
TP1: 9.40
TP2: 9.00
TP3: 8.40
Extended Target
7.80
Stop Loss
Above 10.80
Invalidation
A strong close above 10.80 invalidates the bearish setup
LINK
9.41
-5.61%