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LINK shorts locked in 95% win rate – trap or real drop?
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.611 – 7.639
SL: 7.759
TP1: 7.525
TP2: 7.458
TP3: 7.358
Why focus on this structure?
- 4H bearish signal, 1D trend clearly bearish.
- RSI 15m at 50.64, neutral zone, not oversold, room to fall further.
- Current price 7.625 hugs EMA, TP1 below at 7.525 is only 1.3% away – excellent risk/reward.
- Why now? 1H ATR is only 0.0557, low volatility, bears dominate before a breakout above 7.822.
Discussion:
Will LINK hit TP2 7.458 first, or bounce to trap longs and then drop?