$LINK: Dead Cat Bounce Incoming 📉

Entry Zone: 12.70 – 12.80

🎯 TP1: 12.62

🎯 TP2: 12.55

🎯 TP3: 12.48

🛑 SL: 12.86

Don't fall for the fake recovery! $LINK is facing brutal rejection at 12.75–12.85 resistance. Lower timeframe charts confirm the bearish structure is intact. Buyers are completely spent – sellers are poised to strike.

This is textbook dead-cat bounce territory after a significant downtrend. As long as price remains below that key resistance, the path of least resistance is *down*. Trade the structure, not your wishful thinking. 🚀

#Chainlink #CryptoTrading #Bearish #TradeSetup 🐻

LINKUSDT

Prep

12.12

-1.83%