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Most traders are still buying LINK at 8.49 while the 4H chart is screaming SHORT with 80% confidence.
$LINK /USDT - SHORT
Trade Plan:
Entry: 8.468 – 8.510
SL: 8.751
TP1: 8.292
TP2: 8.161
TP3: 7.964
Why this setup?
Why now? The 1D trend is bearish, and the 15-min RSI is already overbought at 73.99—overextended for a short-term bounce. Key entry sits at 8.489, with targets at 8.292 (TP1) and 8.161 (TP2). The ATR on 1H is tight at 0.084, suggesting a compressed move is about to break lower.
Debate:
Are you shorting LINK here, or waiting for a retest of 8.51 before pulling the trigger?