$LINK surged into a heavy resistance zone around the $9.75–$9.80 level before facing sharp rejection. The strong rejection wick and immediate shift in momentum indicate seller dominance near the top, signaling a potential bearish short-term retracement.
Key Trade Setup Parameters
Bias: Bearish / Short
Entry Zone: $9.45 – $9.50
Target (TP): $9.117
Stop Loss (SL): $9.591
Invalidation / High Resistance: $9.75+
#Chainlink #LINK #CryptoTrading #BinanceSquare #TechnicalAnalysis
Key Trade Setup Parameters
Bias: Bearish / Short
Entry Zone: $9.45 – $9.50
Target (TP): $9.117
Stop Loss (SL): $9.591
Invalidation / High Resistance: $9.75+
#Chainlink #LINK #CryptoTrading #BinanceSquare #TechnicalAnalysis