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Most traders are still bullish on LINK — that’s exactly why I’m shorting at 7.827.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.804 – 7.850
SL: 8.050
TP1: 7.660
TP2: 7.548
TP3: 7.381
Why this setup?
Why the short now?
- 4h trend is bearish, RSI on 15m sits at 64.98 — not overbought yet, but momentum fading.
- ATR (1h) at 0.0929 means tight stops, but the setup is clean: entry at 7.827, TP2 at 7.548, SL at 8.050.
- 95% confidence on the short side — this isn’t a gamble, it’s a high-probability rejection zone.
Debate:
Are you fading this 7.827 level or waiting for a break above 8.044 to flip long?