Technical analysis by Lingrid about Symbol LINK: Sell recommendation (11/29/2025)

LINKUSDT perfectly played out my previous trading idea . Price is approaching the 14.00 resistance band, a zone where the downward trendline and previous structural ceiling intersect. The pair is forming a corrective pullback into this confluence after its recent lower-low formation, and momentum is already showing signs of fading. Price remains inside the broader downward channel, keeping the higher-timeframe bias firmly bearish despite short-term relief rallies. If sellers maintain pressure below 14.00, it is positioned for a continuation move toward the deeper liquidity pocket sitting near 11.75. This aligns with the broader trend structure, where repeated bearish extensions have followed each rejection at the descending trendline. ➡️ Primary scenario: rejection holds → continuation toward 11.75. ⚠️ Risk scenario: a breakout and close above channel would invalidate the bearish setup. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!