🔻 $LINK /USDT BEARISH CONTINUATION — SUPPORT CRACKING, LOWER LEVELS AHEAD

$LINK Chainlink is trading at 8.28, down -6.7%, pressing directly against the 24H low (8.19). Price remains below MA(7), MA(25), and MA(99) with clear bearish alignment (8.48 < 8.61 < 8.74). MACD is negative and momentum is expanding to the downside. Structure shows sustained lower highs — breakdown pressure is building.

🎯 Trade Setup (Short Bias)

Entry Zone: 8.35 – 8.55 (pullback into resistance cluster)

Take Profit 1: 8.10

Take Profit 2: 7.90

Take Profit 3: 7.60

Stop Loss: 8.80 (above MA(99) & structural invalidation)

📊 Short Market Outlook

Trend: Bearish across 15m / 1h / 4h

Momentum: Negative, MACD below signal line

Structure: Lower highs + support at 8.19 under pressure

Key Resistance: 8.44 / 8.58 / 8.74

Key Support: 8.19 → 8.10 → 7.90

Unless price reclaims 8.75+ with strong volume confirmation, rallies remain selling opportunities. A decisive break below 8.19 could accelerate the move toward 7.90–7.60 liquidity zone.

$LINK

LINK

8.89

+9.61%

#LINK #Chainlink #CryptoTrading #TechnicalAnalysis #USDT