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$LINK Empty Empty Empty📉 LINK has fallen over 3.8% intraday, breaking below the BOLL lower band. The bears are firmly in control, trading volume continues to shrink but selling pressure remains strong. The short-term downtrend is clear, and the rebound is just a trap for late buyers.
Trump's tariff policies are heating up, causing the crypto market to plunge collectively. Over 120,000 traders have been liquidated, and LINK is being dumped madly by funds, dropping sharply.
On the 4-hour technical chart, the MA10 moving average is strongly suppressing the price, and the KDJ indicator has confirmed a death cross downward, indicating a bearish trend.
First target: 7.85
Second target: 7.28
Stop-loss target: 8.74
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