The Last Fling for LINK Bulls? RSI on 15m Overbought at 77



$LINK /USDT - SHORT

Trade Plan:
Entry: 7.862 – 7.892
SL: 8.018
TP1: 7.771
TP2: 7.701
TP3: 7.595

Why This Setup?
- The 4-hour timeframe confirms a bearish direction, with the daily trend clearly bearish.
- The 15-minute RSI has surged to 77.13, indicating short-term overheating and high risk of a pullback.
- Current price at 7.877 is near the resistance zone, making it an ideal time for LONG positions to take profit and for SHORT positions to be deployed.

Discussion:
For this SHORT, are you waiting for a rebound to 7.892 or entering directly?
LINK3.71%
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