📊 Trade Setup: $LINK — Breakdown + Rising Sell Volume, Short on Bounce
LINK rejected strongly from 14.2 and dropped back below EMA20 + EMA50 on both 1H and 4H timeframes. MACD is crossing down, and BBs are opening — signalling volatility expansion to the downside.
🔻 Short Entry: 13.95–14.10 USDT (retest of breakdown area)
🎯 Take-Profit Targets:
TP1: 13.55 USDT (local support + BB lower band 1H)
TP2: 13.25 USDT (4H BB bottom + liquidity zone)
🛑 Stop-Loss: 14.35–14.45 USDT (above mid-BB + supply)
Risk:Reward: ~1:2
⚠️ Risk Factors: If LINK closes above 14.45 on 1H → setup invalid.
If BTC bounces strongly, LINK could retrace deeper before dropping.
Volume spikes recently — be ready for volatility.
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