LINK long-short battle: is 8.334 a trap or the starting point?



$LINK /USDT - SHORT

Trading plan:
Entry: 8.318 – 8.350
SL: 8.539
TP1: 8.181
TP2: 8.078
TP3: 7.925

Why pay attention to this structure?
- The 4H signal is clear for a short, with confidence at 77%, and EMA resistance is obvious.
- RSI on 15M is 63.77; it’s not overbought but close to resistance, and short-term momentum is weak.
- Current price is 8.334, close to the entry zone; TP1 at 8.181 has a reasonable risk-reward ratio.
- Why now? Wait for signal confirmation to avoid a fake breakout.

Discussion:
Will this leg first hit TP1 at 8.181, or will it directly break down to lure longs?
LINK4.99%
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