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Everyone is bullish on LINK — except the 4h chart that just screamed SHORT at 95% confidence.
$LINK /USDT - SHORT
Trade Plan:
Entry: 8.253 – 8.297
SL: 8.488
TP1: 8.116
TP2: 8.009
TP3: 7.850
Why this setup?
RSI on 15m is already oversold at 31.32, but the daily trend remains bearish. The 4h structure shows price rejected at 8.275, with TP1 at 8.116 and TP2 at 8.009. ATR volatility is tight (0.088 on 1h), meaning the breakdown could be swift. Why now? Because the 8.096 invalidation level is still untested, but momentum favors the downside.
Debate:
Is 8.009 the real target, or will bulls trap shorts before 8.275 breaks again?