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Most traders think LINK is bottoming—but the 4H chart is screaming something else entirely.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.675 – 7.721
SL: 7.920
TP1: 7.532
TP2: 7.421
TP3: 7.254
Why this setup?
Why now? The 1D trend is bearish, 4H structure is short-biased with a 95% confidence, and RSI on 15M sits at 53.84—neutral, not oversold. That leaves room for another leg down. Entry at 7.698, TP1 at 7.532, TP2 at 7.421. ATR at 0.092 on 1H suggests enough volatility to reach targets quickly.
Debate:
Is 7.532 the real first stop, or will this short trap you before it pays out?