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Everyone’s bullish on LINK, but the 4H chart just flashed an 80% short signal.
$LINK /USDT - SHORT
Trade Plan:
Entry: 8.193 – 8.225
SL: 8.403
TP1: 8.064
TP2: 7.967
TP3: 7.822
Why this setup?
- 1D trend is bearish, and RSI on the 15m is only 57—no real momentum to break higher.
- Entry at 8.209 with tight SL at 8.403 gives a 3:1 risk/reward toward TP1 at 8.064.
- Why now? Price is stalling near resistance with ATR showing low volatility—perfect setup for a squeeze down.
Debate:
Are we fading this pump to 8.064, or is LINK about to fake out and run to 8.40?