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LINK bulls' party over? Shorts have positioned at 7.745
$LINK /USDT - SHORT
Trade Plan:
Entry: 7.731 – 7.759
SL: 7.883
TP1: 7.642
TP2: 7.573
TP3: 7.469
Why this setup?
- 1D trend clearly bearish, 95% confidence points to SHORT.
- 4H EMA acting as resistance, 15-min RSI at 58.57 not overbought, weak rebound.
- Entry now: near 7.745, TP1 7.642, TP2 7.573, SL 7.883.
- Why now? Data confirms short signal, waiting for a bull trap then dump.
Discussion:
Will it first hit TP2 then rebound, or break straight through 7.573?