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Everyone’s still bullish on LINK—but the 4H chart just flashed the same signal that caught the last -12% drop.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.934 – 7.964
SL: 8.095
TP1: 7.839
TP2: 7.766
TP3: 7.656
Why this setup?
Why now? 95% SHORT confidence on LINK. 1D trend is bearish, and RSI on 15m sits at neutral 50.21—no overbought relief. With 1H ATR at 0.061, the current 7.949 entry leaves 2.8% downside to TP1 (7.839) and 3.5% to TP2 (7.766). That’s a clean risk/reward when the daily bias is already down.
Debate:
Do you fade the 95% signal and wait for a bounce, or short into the ATR squeeze?