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LINK bulls, what are you waiting for? 7.945 might be the last escape point!
$LINK /USDT - SHORT
Trading Plan:
Entry: 7.928 – 7.962
SL: 8.110
TP1: 7.821
TP2: 7.738
TP3: 7.614
Why pay attention to this structure?
- The 1-day trend is clearly bearish, and the 4-hour EMA death cross is about to form.
- The current price of 7.945 is tightly near the EMA resistance, RSI(15m) is only 56.68, the rebound momentum is extremely weak.
- Why now? Because ATR(1h) is only 0.06886, after volatility contraction it will inevitably explode, the direction is consistent with the trend — downward.
- Main strategy: SHORT, TP1=7.821, TP2=7.738, SL set at 8.110 for strict risk control.
Discussion:
If LINK breaks below 7.856 (invalid level), will you chase the short or wait for a bounce to short again?