Login / Join

Technical analysis by HoneySpotTrading about Symbol LINK: Sell recommendation (12/17/2025)

https://sahmeto.com/message/3995498
HoneySpotTrading
HoneySpotTrading
Rank: 17343
1.4

LINKUSDT-Supply Pressure Dominates Bearish Continuation in Focus

Sell
Price at Publish Time:
$12.64
Sell،Technical،HoneySpotTrading

LINKUSDT on the 1-hour timeframe remains under strong bearish pressure after repeated rejections from a clearly defined strong supply zone near the upper range. Price has transitioned into a sequence of lower highs and lower lows, confirming bearish market structure. The previous buyer zone has failed to hold, turning into a seller zone, which is now acting as resistance around the 13.00–13.10 area. Price is also trading below the Ichimoku cloud, reinforcing downside momentum and indicating sellers remain in control. As long as LINK stays below this seller zone, the probability favors a continuation move toward the major demand zone near the 12.00 area, which is marked as the primary downside target. A strong reaction from this demand zone will be critical to assess whether buyers step back in or if further downside opens up. 🔍 Key Levels to Watch: Resistance / Seller Zone: 13.00 – 13.10 Current Bias: Bearish below resistance Downside Target: 12.00 (Demand Zone Area) ⚠️ A sustained reclaim above the seller zone could invalidate the bearish outlook, but until then, rallies may be viewed as selling opportunities. What’s your view — will LINK respect the demand zone or break lower? Share your thoughts in the comments. — HoneySpotTrading

Source Message: TradingView
Signals
Top Traders
Feed
Alerts