LINK at 8.38—what are the shorts waiting for?



$LINK /USDT - SHORT sell

Trading plan:
Entry: 8.36 – 8.40
SL: 8.54
TP1: 8.26
TP2: 8.18
TP3: 8.07

Why watch this structure?
- On the 4H timeframe, the SHORT direction is clear; RSI on 15m at 44 hasn’t been oversold yet, and there’s still room for downside.
- The 1D trend is ranging, but the 8.36–8.40 entry zone lines up right under EMA resistance.
- If we’re not shorting now, are we waiting for a rebound to 8.50 and then chasing? A stop-loss at 8.54 is very clear.

Discussion:
Will this move first hit TP1 at 8.26, or will it go straight for a wick-fake long (stop hunt)?
LINK-1.12%
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