Short trap or real drop? LINK 4-hour timeframe signals have been activated



$LINK /USDT - SHORT

Trading plan:
Entry: 7.943 – 7.969
SL: 8.080
TP1: 7.863
TP2: 7.801
TP3: 7.708

Why watch this structure?
- Trend: The 1D chart is clearly bearish, and 4H short-term price action is dominated by shorts
- Timing: RSI on the 15-minute chart is 44.04, not oversold yet, so downside room remains
- Key levels: Around 7.956 now; TP1 at 7.863, TP2 at 7.801
- Why now? A short signal with 95% confidence has been triggered. If it breaks below 7.906, and that invalidation level fails, then downside acceleration follows

Discussion:
Do you think this round of LINK will reach TP2 at 7.801 first, or will it bounce around 7.906 to lure longs?
LINK0.60%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned