$LINK 🚨 Bearish Setup Brewing! 🐻

Entry: 12.65 – 12.75

Stop Loss: Above 12.90

TP1: 12.50

TP2: 12.30

TP3: 12.10

$LINK is confirming a short-term downtrend with consistent lower highs and lows. Price is bumping into resistance around 12.70 – 12.80, a zone that’s previously shut buyers down. This isn’t looking like a reversal; it’s a pullback to continue lower. 📉

Immediate support sits at 12.55 – 12.50, but a break below that could quickly send price towards the 12.30 – 12.20 liquidity zone. We’re favoring bearish continuation as long as $LINK stays below 12.90. Patience is crucial – wait for confirmation near that resistance!

#LINKUSDT #CryptoTrading #Bearish #TechnicalAnalysis 🐻

LINKUSDT

Prep

12.19

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