LINK 4-hour signal: Shorts are armed—who’s catching the falling knife?
$LINK /USDT - SHORT
Trading plan:
Entry: 11.641 – 11.707
SL: 11.989
TP1: 11.438
TP2: 11.280
TP3: 11.044
Why pay attention to this setup?
- The current price is 11.674, right around the 4H EMA. The direction is clear: SHORT, with a confidence score of 55—not aggressive, but sufficient.
- The 1D trend is “range-bound,” not one-way, so this short is selling the top of the range, not chasing a drop.
- The 15-minute RSI is only 46, neither oversold nor overbought. The downside hasn’t opened up yet, with TP1 at 11.438 and TP2 at