$LINK
🔹 Trade Setup
- Entry Zone: 8.20 – 8.30 USDT
- Take Profit 1: 7.95 USDT
- Take Profit 2: 7.70 USDT
- Stop Loss: 8.55 USDT
Chainlink is showing heavy downside momentum as sellers dominate the order book. With repeated rejections near resistance and accelerating volume on red candles, the next move points to further bearish continuation unless bulls reclaim key levels quickly.
📉 Short Market Outlook
Momentum is clearly tilted bearish with price sliding below short-term moving averages (MA7 and MA25). The 15m chart shows failed attempts to hold above 8.40, now exposing downside risk toward the 7.90–7.70 support band. Trend remains weak across higher timeframes, with 30-day and 90-day performance deeply negative. Unless bulls reclaim 8.50+, LINK is vulnerable to further breakdown.
