🔴 LINK recorded nearly $1.97K in long liquidations around $12.705, highlighting selling pressure at current levels.
Entry Zone: $12.65–$12.85
Stop-Loss: $13.20
TP1: $12.25
TP2: $11.90
TP3: $11.55
The bearish setup remains valid while LINK stays below the $13.00–$13.20 resistance area. Rejection from this zone with declining bounce volume would favor another move lower.
⚠️ Invalidation: A sustained reclaim above $13.20 cancels the short thesis.
Trade the confirmation, not the liquidation headline, and manage risk carefully.
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