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Most people still think LINK is bottoming—they’re about to get wrecked.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.870 – 7.936
SL: 8.216
TP1: 7.668
TP2: 7.512
TP3: 7.277
Why this setup?
4H chart confirms a 95% confidence SHORT with RSI at 40.37 on the 15m—still room to drop. Daily trend is bearish, and ATR shows tight volatility that usually precedes a breakdown. Entry zone at 7.903 with targets at 7.668 and 7.512. Why now? The 1D bearish structure hasn't exhausted yet; this is the continuation, not a reversal.
Debate:
Are we going straight to TP1 at 7.66, or do you think this is a fakeout trap before a bounce?