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$LINK REJECTED AT 8.42 – SHORT PRESSURE IS BUILDING 🔥
Entry: 8.27 – 8.31 🔥
Target: 8.19 🚀
Stop loss: 8.42 ⚠️
The link slammed into the resistance level at 8.42 and was hit hard downwards. This level has held twice now, and sellers are entering with confidence. Volume has already started to rise on the lower timeframes as momentum flips bearish.
If 8.27 is clearly broken, the next stop will be at 8.19 — and then the appearance of 8.05 will accelerate. Are you selling this rejection or waiting for the retest?
Not financial advice. Always manage your risk.
#LINK #ShortSetup #Chainlink #Bearish #Crypto