Most traders are still buying LINK—here’s why the 4h chart says they’re wrong.



$LINK /USDT - SHORT

Trade Plan:
Entry: 8.293 – 8.345
SL: 8.571
TP1: 8.130
TP2: 8.004
TP3: 7.815

Why this setup?
- 4h timeframe SHORT signal with 95% confidence, RSI 15m at 35.58 (still room to fall).
- Daily trend is bearish, and price is below the 1h pivot at 8.319.
- Why now? ATR volatility is tight (0.105), suggesting an imminent breakdown to TP1 (8.130) or lower.

Debate:
Are you shorting LINK into 8.004, or waiting for a bounce to 8.345?
LINK-3.08%
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