LINK 8.27 is it a ceiling or a launchpad?



$LINK /USDT - SHORT sell

Trading plan:
Entry: 8.254 – 8.290
SL: 8.497
TP1: 8.103
TP2: 7.990
TP3: 7.821

Why focus on this structure?
On the 4-hour timeframe, the short signals are clear; a 77% win rate points to SHORT. RSI on the 15-minute chart is 59.57, not overbought, but the 1-day trend is ranging, suitable for shorting at the top and going long at the bottom. The current price 8.272 is sitting tight to the EMA. If it falls below 8.254, TP1 8.103 could be in reach; if it rebounds to 8.29, the ALT long target is 8.402. Why now? At the end of the ranging range, the direction is about to break out.

Discussion:
Will this move first hit TP2 7.99, or is it a bull trap to pump to 8.49?
LINK5.45%
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