$LINK Broke Key Support: Are We Ready for New Lows?

LINK Broke Key Support: Are We Ready for New Lows?

LINK has lost the critical $8.38 support, confirming a break below the rising trendline.
This breakdown weakens the bullish market structure and shifts momentum in favor of the bears.

As long as price remains below the reclaimed support, the next downside objectives sit around $7.67 and $7.4

Short Setup Entry: $8.38-$8.48
Targets: $7.87/$7.67/$7.40
Stop Loss: $8.58

The trend has changed, now watch for confirmation, not hope.
DYOR | NFA