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Everyone is bullish on LINK’s partnership news—but the 4h chart is screaming the exact opposite. LINK
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.891 – 7.939
SL: 8.143
TP1: 7.744
TP2: 7.630
TP3: 7.459
Why this setup?
• RSI on 15m is 26.2—oversold, but not a buy signal in a bearish 1D trend.
• ATR 1h at 0.095 shows low volatility right before a potential breakdown.
• Entry at 7.915 with TP1 at 7.744 (2.2% drop) and TP2 at 7.630—95% confidence on the short.
• Why now? The “Armed” status means the setup is live; invalidation only at 8.175.
Debate:
Do you trust the 95% confidence short on LINK, or is this the fakeout before a pump to 8.20?