LINK short signal has been activated— is 8.5 around a trap?



$LINK /USDT - SHORT

Trading plan:
Entry: 8.479 – 8.515
SL: 8.671
TP1: 8.366
TP2: 8.279
TP3: 8.148

Why focus on this structure?
- On the 4-hour timeframe, bearish. The 1-hour reference price is 8.497, and the 15-minute RSI is only 43.27—momentum is weak.
- The 1D trend is a ranging/sideways channel. The current short win rate is 55%. SL is set at 8.671, and TP1 is 8.366— the risk-reward ratio is reasonable.
- Why now? Price is nearing the upper edge of the range; the EMA hints at short-term resistance. The short entry point at 8.497 has already been triggered.

Discussion:
Will this move hit TP1 at 8.366 first, or will it directly wick down to 8.279?
LINK2.79%
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