Crypto 4.00
Posted November 04, 2026

Chainlink

Sell
SELL
Entry Price
11.2500

Signal Details

Direction
Sell
Entry Price
11.2500
Risk: Reward
1:3.33

Trade Levels

Stop Loss
11.5500
Take Profit 1
10.6500
Take Profit 2
10.2500

Technical Chart

Market Analysis

Chainlink continues to form lower highs following its recent decline, with selling pressure pushing the price towards 10.65 USD. A corrective recovery into the 11.20–11.35 USD resistance zone could provide another opportunity for sellers.

Key Indicators

  • The 50-period EMA serves as a short-term trend filter, while RSI (14) measures momentum. A rejection near resistance, with price remaining below the EMA and RSI weakening beneath 50, would strengthen the bearish scenario.

    Market Outlook

A confirmed short entry around 11.25 USD could target 10.65 and subsequently 10.25 USD. The protective Stop Loss is positioned at 11.55 USD. A sustained recovery above resistance would weaken the bearish setup.

Risk Alert

The proposed short position requires bearish confirmation near resistance. A move above 11.55 USD would invalidate the setup. Changes in cryptocurrency market sentiment, liquidity conditions and unexpected macroeconomic developments may increase volatility.