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Everyone’s bullish on LINK — but the 4H chart just screamed “trap.”
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.964 – 7.990
SL: 8.098
TP1: 7.886
TP2: 7.825
TP3: 7.734
Why this setup?
• 95% confidence SHORT bias on LINK/USDT as of 2026-06-14.
• Daily trend is still bearish, and RSI on 15m sits at neutral 50 — no momentum to break resistance.
• Entry zone 7.977 (ref) with tight invalidation at 7.999; TP1 at 7.886 is just 1.1% away. Why wait for a fakeout?
• ATR on 1h is 0.05 — low volatility means the breakout is likely downward.
Debate:
If LINK fails to hold 7.99, are you shorting straight to TP2 at 7.825 or waiting for a retest?