$LINK Imminent Breakdown? 🚨 Don't Get Caught!

Entry Zone: 12.20 – 12.35

TP1: 12.05

TP2: 11.80

Stop Loss: 12.55

Leverage: 20x – 50x

Margin: 2% – 5%

$LINK faced a brutal rejection at the 12.40–12.45 zone, triggering a swift sell-off. Textbook distribution is happening – lower highs and weak bounces confirm sellers are firmly in control. That bounce off 12.10? Purely corrective. 📉

Right now, $LINK is consolidating under resistance, a classic bearish setup. Forget chasing pumps; short scalps are where the smart money is. A trend reversal needs a decisive break *and hold* above 12.35 – 12.45 with serious volume. Until then, favor the downside. Remember to manage your risk!

#LINK #Chainlink #CryptoTrading #ShortScalp 🐻

LINKUSDT

Perp

12.27

-1.01%