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Everyone’s bullish on LINK—here’s why I’m shorting at 7.917 with 95% conviction.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.905 – 7.929
SL: 8.029
TP1: 7.833
TP2: 7.777
TP3: 7.693
Why this setup?
• 4H trend is bearish, and RSI on 15M sits at 46.45—weak momentum, not oversold.
• ATR suggests tight range, but price is already below key 1D resistance.
• Entry at 7.917 targets TP1 at 7.833, TP2 at 7.777—quick 1.8% drop with minimal risk.
Debate:
Are you fading the crowd or joining this short squeeze? What’s your TP?