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Most people think LINK is bottoming—but the 4h chart is screaming something else.
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.164 – 7.192
SL: 7.313
TP1: 7.077
TP2: 7.010
TP3: 6.909
Why this setup?
Why now?
- 95% confidence SHORT on $LINK /USDT with 4h bearish trend.
- RSI on 15m is neutral (46.83), not oversold—room to drop further.
- Entry at 7.178, TP1 at 7.077 (-1.4%), TP2 at 7.010 (-2.3%), TP3 at 6.909 (-3.7%).
- Stop loss at 7.313 (+1.9%) protects against fakeouts.
- ATR on 1h (0.056) shows steady volatility—no panic yet.
Debate:
Are you taking the short to TP3 or waiting for a retest of 7.313?