$LINK$LINK $LINK Market Outlook

LINK is the second notable weak name, trading at -0.93% despite $20.60M volume. This divergence suggests sellers are absorbing buying activity, making a blind long unattractive. Until price reclaims the nearby resistance area, the structure favors caution and potentially a short on confirmed rejection.

📈 Trade Plan

Bias: SHORT

Entry: $11.40–$11.55

TP1: $11.10

TP2: $10.80

TP3: $10.50

SL: $11.75

Risk-to-Reward: ~1:2.5

Trade Grade: B+

Trade Thesis: Negative momentum combined with meaningful volume suggests seller participation. The short becomes stronger if price retests resistance and fails to reclaim it.