$LINK is trading near 11.578 after a negative move. I’m watching for a weak bounce into resistance before considering a short. A breakdown from the rebound zone could expose lower support.
Trade Setup — SHORT
Entry Zone: 11.65–11.80
Target 1: 11.40
Target 2: 11.15
Target 3: 10.85
Stop Loss: 12.00
The setup depends on sellers defending the recovery and volume confirming weakness.