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LINK at 7.626, short sellers poised with 95% win rate?
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.610 – 7.642
SL: 7.782
TP1: 7.509
TP2: 7.432
TP3: 7.315
Why focus on this structure?
- 4-hour EMA bearish alignment, 1-day trend clearly bearish. LINK_USDT's rebound to 7.626 is precisely a resistance level.
- RSI 15m at only 51.88, bullish momentum weak, clear bull trap signal.
- Current entry window: TP1=7.509, TP2=7.432, SL=7.782, risk-reward ratio >2:1.
- Why now? 7.626 is near the daily high; bears are about to strike.
Discussion:
Will it drop to TP2 first, or fake breakdown and rebound? Let's see in the comments.