LINK 8.53 key level—bears are waiting for a signal.



$LINK /USDT - SHORT to sell

Trading plan:
Entry: 8.51 – 8.55
SL: 8.78
TP1: 8.34
TP2: 8.21
TP3: 8.03

Why focus on this structure?
- On the 4H timeframe, it’s bearish; on the 1D, the trend is ranging, but the 15M RSI 57.6 hasn’t overbought.
- The current price 8.53 is near the EMA. Once it breaks below 8.51, TP1 8.34 is on the table.
- Why now? ATR is only 0.08. After volatility contracts, breakouts often follow; bears’ win rate is 77%.

Discussion:
Will this move hit TP2 8.21 first, or will it fake out and bounce?
LINK3.47%
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