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$LINK market cap is near 9.28B$ after a sharp rejection from the 9.80B$–10.00B$ area. The bounce looks weak, so this setup favors a short if LINK market cap gets rejected again from the 9.35B$–9.45B$ zone.
Entry 9.35B$–9.45B$
Confirmation Rejection below 9.45B$
SL 9.60B$
TP1 9.10B$
TP2 8.91B$
TP3 8.75B$
The idea is simple. LINK market cap dropped hard from the recent top and is now making a small recovery. If this bounce fails near the entry zone, another move lower can follow toward 9.10B$, then 8.91B$, and possibly 8.75B$.
Invalidation Strong move and hold above 9.60B$.