$LINK just played a clean liquidity sweep and cooled off fast.

Price pushed into $12.55, cleared short-term resistance, then sold off sharply and swept demand at $12.33. That drop shook out weak hands. LINK is now stabilizing near $12.40, sitting right in a reaction zone. Momentum slowed, but structure is still intact.

This level decides the next move.

Trade Setup

Long Setup (Demand Hold)

EP: $12.35 – $12.42

TP1: $12.60

TP2: $12.85

TP3: $13.20

SL: $12.15

Short Setup (Weak Bounce / Continuation)

EP: $12.60 – $12.75

TP1: $12.40

TP2: $12.10

TP3: $11.70

SL: $12.95

LINK is calm on the surface, but pressure is building. Let price confirm, protect capital, and trade the reaction — not the chop.