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LINK bulls still waiting? 4H shorts locked in 95% win rate
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.970 – 8.006
SL: 8.165
TP1: 7.855
TP2: 7.767
TP3: 7.634
Why focus on this structure?
- 1D trend clearly bearish, 4H EMA suppresses price near 7.988.
- RSI 15m only 44.34, weak rebound, bearish momentum not yet released.
- ATR 1h only 0.0737, volatility contraction often precedes accelerated decline.
- Why now? 7.988 is the short entry reference point, TP1 7.855 is within reach, TP2 7.767 is the target.
Discussion:
Will it hit TP2 first, or fakeout rally to 8.006 before dumping?