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Everyone is bullish on LINK—here’s why that’s exactly the trap.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.827 – 7.849
SL: 7.942
TP1: 7.760
TP2: 7.708
TP3: 7.629
Why this setup?
Data doesn’t lie: 95% confidence SHORT on LINK with bearish daily trend. RSI on 15m is 39.79—weak momentum, not oversold yet. Entry at 7.838 with TP targets 7.760, 7.708, 7.629. Why now? The 4h structure is armed, and the 1h ATR of 0.0435 confirms tight breakdown potential.
Debate:
Are you shorting into 7.629 or waiting for a fakeout bounce first?