8.288 LINK—who will make the first move, bulls or bears?



$LINK /USDT - SHORT

Trading plan:
Entry: 8.272 – 8.304
SL: 8.437
TP1: 8.176
TP2: 8.101
TP3: 7.989

Why focus on this structure?
- The 4-hour timeframe bearish signal has been triggered. The first target TP1 is at 8.176, only 1.3% away from the current price.
- RSI on the 15-minute timeframe is 48.91—neutral to slightly weak. It hasn’t entered the oversold zone yet, and there’s still room for downside.
- The 1D trend is ranging, but bearish conviction is 55.4, slightly in control—so why now? Because 8.288 is a key resistance level. If it breaks below 8.272, the shorts will accelerate toward 8.101.

Discussion:
Will this move reach TP2 at 8.101 first, or will it bounce to 8.400 and lure longs first?
LINK5.57%
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