$LINK — Strong Rejection, Bearish Pressure
LINK rejected the $9.30 resistance and sellers pushed the price down toward the $8.90 support zone. Momentum remains weak as price stays below the Supertrend on the 15m chart and lower highs continue to form.
If $8.87 support breaks, price could slide toward the $8.60 demand area. A reclaim above $9.10 would shift momentum back to bullish.
Trade Setup
LINK/USDT
Bias: Short-term bearish
EP: $8.90 – $9.00
TP: $8.60
SL: $9.15
Rationale: Clear rejection from $9.30 resistance with strong selling pressure on the 15m structure.
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