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Everyone is still waiting for LINK to moon, but the 95% short bias on the 4h tells a different story.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.999 – 8.071
SL: 8.381
TP1: 7.776
TP2: 7.603
TP3: 7.344
Why this setup?
- 1D trend is bearish, and RSI on the 15m is neutral at 49.67—no momentum to reverse.
- Price is hugging the 1h entry at 8.035 with a tight ATR of 0.144, suggesting a breakdown is imminent.
- First target is 7.776; TP2 at 7.603 is within reach if volume picks up.
Debate:
Are you riding this dip to TP2 or do you think the invalidation at 8.900 is the real play?