LINK 8.48: short positions are set up—will this time break the range?



$LINK /USDT - Sell SHORT

Trading plan:
Entry: 8.46 – 8.50
SL: 8.66
TP1: 8.35
TP2: 8.26
TP3: 8.13

Why focus on this structure?
- On the 4H timeframe, bearish; on 15-minute RSI is only 40, with weak momentum.
- The daily is ranging, but the 1H support at 8.46 has been broken; the short target is TP1 8.35.
- The stop-loss at 8.66 is clear, with controllable risk—this is the right time to enter.

Discussion:
For this move, do we hit TP2 at 8.26 first, or is it a bear-fakeout rally?
LINK2.42%
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