$LINK : Loses Key Demand Zone: Next Support Level Unprotected
SHORT SETUP LINK
Entry: $12.0700 - $12.0800
Stop Loss: $12.5000
Take Profit: $11.2250 (2R)
Key Levels: Support $11.9740 | Resistance $12.1830
Technical Analysis for $LINK : RSI at 25.5 and Stochastic K under 10 signal deep oversold, yet price sits below EMA9200 and MACD histogram remains negative, confirming a prevailing downtrend. ADX above 30 shows strong trend strength. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend and mixed daily outlook, while the broader market is broadly negative with 89% red assets.
SHORT $LINK
SHORT SETUP LINK
Entry: $12.0700 - $12.0800
Stop Loss: $12.5000
Take Profit: $11.2250 (2R)
Key Levels: Support $11.9740 | Resistance $12.1830
Technical Analysis for $LINK : RSI at 25.5 and Stochastic K under 10 signal deep oversold, yet price sits below EMA9200 and MACD histogram remains negative, confirming a prevailing downtrend. ADX above 30 shows strong trend strength. Together, these indicators favor SHORT continuation toward support. Negative momentum and trend readings give this setup a clear bearish structure.
Market Context: BTC is in a bearish 4hour trend and mixed daily outlook, while the broader market is broadly negative with 89% red assets.
SHORT $LINK