Entry: $8.80 – $9.00 TP1: $8.30 TP2: $7.90 TP3: $7.40 SL: $9.35 My Analysis:MA Rejection: Price rejected sharply at the MA 7 ($9.04) after failing to sustain a breakout above $9.50.Support Breach: Currently hovering at a critical juncture near the MA 25 ($8.74) and MA 99 ($8.72).Momentum: Bearish candles are gaining size with increasing red volume, suggesting a breakdown toward $8.00 is likely if the MA cluster fails to hold.
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$LINK /USDT Short Setup
Entry: $8.80 – $9.00
TP1: $8.30
TP2: $7.90
TP3: $7.40
SL: $9.35
My Analysis:MA Rejection: Price rejected sharply at the MA 7 ($9.04) after failing to sustain a breakout above $9.50.Support Breach: Currently hovering at a critical juncture near the MA 25 ($8.74) and MA 99 ($8.72).Momentum: Bearish candles are gaining size with increasing red volume, suggesting a breakdown toward $8.00 is likely if the MA cluster fails to hold.