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Most traders are shorting LINK right now—here's why they're wrong.
$LINK /USDT - LONG
Trade Plan:
Entry: 7.698 – 7.766
SL: 7.308
TP1: 8.050
TP2: 8.262
TP3: 8.581
Why this setup?
4H bias is LONG with 84% confidence, despite the daily bearish trend. RSI on 15m is oversold at 36.88, signaling a bounce zone. Entry area at 7.732 with tight stop at 7.308—risk/reward favors upside to TP1 8.050. The "why now" is the oversold squeeze against the daily downtrend.
Debate:
Are you fading the daily bearish trend for this 4H long, or waiting for a lower entry?