LINKUSDT Perpetual Contract
Short
Updated

Chainlink (LINK): Looking Good For Short ?

621
Chainlink is testing that major resistance zone in a 4-hour timeframe, and 200EMA is also backing up this zone.

We are looking for a re-test to happen anytime and as soon as we see that sellers have defended the resistance zone, we should see a nice re-test to lower zones here.

Swallow Team
Note
snapshot
Chainlink has made a nice rejection so far, resulting in a nice 5% markup movement so far.

We are now fully in selling pressure mode!
Note
snapshot
Chainlink made a nice reject as well, giving us almost 13% of market price movement.

Price is now inside our major target zones so keep an eye on our lines!

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