$LINK – Bearish Pullback Expected After Liquidity Grab
LINK has tapped into the 13.95–14.10 resistance zone and showed clear rejection on the 15m timeframe. The move appears to be a liquidity sweep before a corrective drop back toward lower support levels.
Entry Range (Short Position) 13.90 – 14.05
Targets TP 1: 13.60 TP 2: 13.40 TP 3: 13.25
Stop Loss (SL)
Above 14.20 Short Outlook
Price has filled upside liquidity and is showing exhaustion near resistance. As long as LINK stays below 14.05, momentum favors a downside correction toward the 13.25 support zone.
Send the next chart anytime — I’ll format it the same way. #MarketPullback
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
$LINK – Bearish Pullback Expected After Liquidity Grab
LINK has tapped into the 13.95–14.10 resistance zone and showed clear rejection on the 15m timeframe. The move appears to be a liquidity sweep before a corrective drop back toward lower support levels.
Entry Range (Short Position)
13.90 – 14.05
Targets
TP 1: 13.60
TP 2: 13.40
TP 3: 13.25
Stop Loss (SL)
Above 14.20
Short Outlook
Price has filled upside liquidity and is showing exhaustion near resistance. As long as LINK stays below 14.05, momentum favors a downside correction toward the 13.25 support zone.
Send the next chart anytime — I’ll format it the same way.
#MarketPullback