$LINK #LINK 📉
Direction: SHORT
Entry zone: 10.63 to 10.67
Stop loss: 10.81
Target 1: 10.44
Target 2: 10.28
Chainlink is trading near 10.65 dollars, down 7.02 percent in 24 hours, inside a range of 10.52 to 11.64 dollars, and the recent closes show a flat drift at the lows, 10.69, then 10.69, then 10.71, then 10.66, then 10.65. 🔴 My reading is that LINK is bleeding lower while the market crashes, because it lost more than Bitcoin and every close is pinned near the range low with no buyers stepping in, and that kind of stillness usually breaks down before it breaks up. A short from the current zone, with a stop above 10.81, targets 10.44 first and then 10.28 if sellers push through the range low. A rise above 10.81 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Chainlink fall to 10.44 first, or rise above 10.81? 🤔
Follow for more trades.
#Chainlink #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 10.63 to 10.67
Stop loss: 10.81
Target 1: 10.44
Target 2: 10.28
Chainlink is trading near 10.65 dollars, down 7.02 percent in 24 hours, inside a range of 10.52 to 11.64 dollars, and the recent closes show a flat drift at the lows, 10.69, then 10.69, then 10.71, then 10.66, then 10.65. 🔴 My reading is that LINK is bleeding lower while the market crashes, because it lost more than Bitcoin and every close is pinned near the range low with no buyers stepping in, and that kind of stillness usually breaks down before it breaks up. A short from the current zone, with a stop above 10.81, targets 10.44 first and then 10.28 if sellers push through the range low. A rise above 10.81 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Chainlink fall to 10.44 first, or rise above 10.81? 🤔
Follow for more trades.
#Chainlink #Crypto #FuturesTrading #TradingSignals
