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LINK long’s final escape window?
$LINK /USDT - Short (Sell) SHORT
Trading plan:
Entry: 7.907 – 7.937
SL: 8.064
TP1: 7.816
TP2: 7.745
TP3: 7.638
Why focus on this structure?
- The 4-hour timeframe confirms the SHORT signal, and the daily trend is clearly bearish with bears in control
- RSI on the 15m is only 48.35; rebound strength is fading, and 1h ATR of 0.059 shows volatility contracting
- Current 7.922 is the EMA suppression level; TP1 targets 7.816, and the risk/reward ratio is above 2:1
Discussion:
Will this move first spike to 7.816 and then accelerate into a sell-off, or break down directly?