LINK’s last line of defense for longs—would it collapse at a touch?



$LINK /USDT - SHORT the sell side

Trading plan:
Entry: 7.795 – 7.829
SL: 7.974
TP1: 7.691
TP2: 7.610
TP3: 7.489

Why focus on this structure?
- On the 4H timeframe, a clear bearish signal; on the 1D trend, the bears dominate. RSI on the 15m is only 35.62, and momentum keeps deteriorating.
- Current price is 7.812, hovering right at the bearish target. TP1 at 7.691 is within reach, while TP2 at 7.610 is the key stop-loss zone.
- Why now? The hourly ATR is only 0.067. After low-volume consolidation, it often comes with accelerated downside.

Discussion:
Will this move reach TP2 at 7.610 first, or will it lure longs with a pullback to 7.974 before dropping again?
LINK-1.48%
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