Everyone loves LINK until the 4H RSI hits 74.74 with a 95% short bias.



$LINK /USDT - SHORT

Trade Plan:
Entry: 7.660 – 7.712
SL: 7.933
TP1: 7.501
TP2: 7.377
TP3: 7.192

Why this setup?
Here’s why the setup is screaming now:
- 1D trend is bearish, and 4H momentum is overbought (RSI 15m: 74.74).
- Entry ref at 7.686, with tight TP1 at 7.501 and TP2 at 7.377.
- ATR 1h at 0.1029 confirms volatility is contracting—breakout or breakdown is imminent.
- Alt scenario shows upside targets (TP1 7.871) but only if invalidation at 8.314 holds.

Debate:
Are you shorting LINK into 7.50 or waiting for a fakeout trap first?
LINK5.26%
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