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Everyone is bullish on LINK LINK—here’s why the 4h chart says they’re wrong.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.973 – 8.025
SL: 8.246
TP1: 7.814
TP2: 7.690
TP3: 7.504
Why this setup?
• Bearish 1D trend with 95% confidence on SHORT setup.
• RSI on 15m at 59.6—not overbought yet, but momentum fading.
• Entry zone at 7.999 with TP1 at 7.814—tight risk/reward vs. ATR 0.103.
• Why now? Price hovering near resistance before a potential breakdown.
Debate:
Are you shorting LINK here or waiting for a fakeout above 8.025?