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LINK longs’ final escape window?
$LINK /USDT - short SHORT
Trading plan:
Entry: 7.872 – 7.904
SL: 8.041
TP1: 7.773
TP2: 7.696
TP3: 7.581
Why focus on this structure?
- On the 4-hour timeframe, shorting; the daily trend is clearly downward, 95% confidence.
- Current price around 7.888, RSI on the 15m is only 50.23, with no rebound momentum.
- 1-hour ATR is 0.0639; volatility is contracting, and a turning point is imminent.
- Why now? 7.944 is the invalidation level—if price can’t break through, the shorts will directly target TP1 7.773.
Discussion:
Do you think LINK will reach 7.773 first, or will it fake a breakout above 8.041 and then drop?