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LINK short signal is out—are you brave enough to take it?
$LINK /USDT - SHORT
Trading plan:
Entry: 8.053 – 8.075
SL: 8.198
TP1: 7.963
TP2: 7.896
TP3: 7.796
Why focus on this structure?
- 4H level bearish confirmation; the 1D trend is clearly bearish, with 80% confidence.
- Current LINK is around 8.064; the 15M RSI 61.84 hasn’t gone overheated yet, with room to the downside.
- Targets TP1 7.963 and TP2 7.896, with a risk-reward ratio of over 1:2.
- Why now? Hourly ATR is only 0.043; after volatility contracts, breakouts often accelerate.
Discussion:
Will this move hit TP2 first, or is it a bull trap for a pullback rally? Have you set a stop-loss on your short?