$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 timeframes confirm a bearish structure – buyers are spent, and 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. Short the bounce and align with the dominant trend. No reclaim, no mercy.

#Chainlink #CryptoTrading #Bearish #TradeSetup 🐻

LINKUSDT

Perp

11.75

-4.15%