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Nobody expects LINK to dump 6% from here—but the data says otherwise.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.714 – 7.758
SL: 7.951
TP1: 7.575
TP2: 7.467
TP3: 7.305
Why this setup?
• 4h timeframe shows a 95% confidence SHORT bias with bearish daily trend.
• RSI on 15m is only 53.67—no oversold bounce to save bulls.
• Entry at 7.736 with TP1 at 7.575, TP2 at 7.467—that’s a quick 3.5% drop.
• ATR on 1h is tight (0.0897), meaning any breakdown could accelerate fast.
Debate:
Are you shorting LINK into the weekly close, or waiting for a fakeout above 7.758?