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Most traders think LINK bounced—here’s why they’re wrong.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.793 – 7.821
SL: 7.939
TP1: 7.708
TP2: 7.642
TP3: 7.543
Why this setup?
• 1D trend is bearish, 4h structure favors shorts with 95% confidence.
• RSI at 36 on 15m shows no oversold relief—momentum still down.
• Entry at 7.807 targets TP1 7.708 and TP2 7.642, with ATR confirming low volatility traps.
Debate:
Is 7.642 the real floor, or are we watching a dead cat bounce?