Many people won't like this but we believe that LINK has been in a bearish distribution before the final capitulation .
The capitulation may be just around the corner.
The sentiment seems to be more and more bearish and FUDs around BNB are not helping in the recovery process.
buy area: 1.60 -2 $
Shorts may be entered once the price breaks the downsloping support line.
Nothing bullish now.
Good luck
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