Did you believe LINK’s fake breakout at 8.5?



$LINK /USDT - SHORT sell

Trading plan:
Entry: 8.529 – 8.559
SL: 8.692
TP1: 8.433
TP2: 8.360
TP3: 8.249

Why watch this structure?
- 4H-level SHORT signal: RSI on 15M is 55.87, slightly neutral, but the 1H EMA dense zone at 8.544 has been tested repeatedly; 8.692 above is a hard stop-loss.
- The intraday trend is ranging, with no clear direction. Current price at 8.544 is the battleground between short longs and short shorts, but the bears’ confidence at 55.4 is slightly stronger.
- Why now? The 15M RSI hasn’t gone overbought, but if the 4H SHORT structure breaks 8.529, TP1 at 8.433 could be hit quickly.

Discussion:
Will this leg reach TP2 at 8.360 first, or will it pull back up to 8.655 to lure longs?
LINK0.32%
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