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LINK longs’ last stubbornness? 8.53 is the top, not the bottom.
$LINK /USDT - Short
Trading plan:
Entry: 8.517 – 8.547
SL: 8.680
TP1: 8.421
TP2: 8.347
TP3: 8.236
Why pay attention to this structure?
- 4H SHORT signal activated; 1H resistance precisely pinned at 8.532.
- RSI on 15M is only 52.29—weak rebound, insufficient long momentum.
- Why now? Within the daily consolidation range, heavy sell pressure is concentrated above 8.53, while TP1 at 8.421 is within arm’s reach.
Discussion:
Will this wave first hit TP1, or will it directly spike through 8.68 to liquidate shorts?