Technical analysis by Lingrid about Symbol LINK: Sell recommendation (19 hour ago)

Lingrid
Lingrid | LINKUSDT Trend Continuation After Pullback Phase

LINKUSDT remains locked beneath a declining resistance line, with recent rebounds failing to shift the broader bearish framework. Price has reacted weakly from the prior support flip zone, turning it into overhead supply where sellers continue to absorb upside attempts. The structure still reflects distribution rather than accumulation, keeping downside risk active. If it stays capped below the 13.5 supply band, the market may roll over again toward the 11.0 support area, where previous liquidity rests. That zone could act as a temporary pause, but continued rejection above favors extension rather than reversal. ➡️ Primary scenario: rejection below 13.5 → continuation toward 11.0. ⚠️ Risk scenario: a firm close above 13.5 could neutralize the bearish setup and open room toward 14.5. If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!