$LINK – BULL TRAP UNLEASHED! 🪤📉
ChainLink rallied hard but quickly reversed, forming a textbook bull trap above the $15.60 zone (highlighted in green). Price has now broken below the previous demand block, confirming weakness and setting the stage for further downside.
With $15.30 structure gone, bearish momentum is likely to drive price down toward key support levels.
🔻 Trade Setup: • Entry: $15.32
• TP1: $15.10
• TP2: $15.06
• SL: $15.84
Sellers are active — expect pressure unless bulls reclaim $15.60 fast! ⚠️