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Most people are still buying LINK – here’s why the data says they’re wrong.
$LINK /USDT - SHORT
Trade Plan:
Entry: 8.140 – 8.172
SL: 8.314
TP1: 8.038
TP2: 7.959
TP3: 7.841
Why this setup?
4H chart shows a 95% SHORT confidence with a bearish daily trend. RSI on 15m is neutral at 55.6, but the 1h ATR is tight (0.0656), suggesting a breakout is imminent. Entry at 8.156 with TP1 at 8.038 means a potential 1.4% drop before resistance. The "why now?" is the daily bearish structure aligning with a 4h rejection zone.
Debate:
Are you shorting LINK at 8.15 or waiting for a retest of 8.17?