Will LINK shorts be set up, and a 4-hour EMA death cross is about to happen?



$LINK /USDT - Short SHORT

Trading plan:
Entry: 8.252 – 8.286
SL: 8.429
TP1: 8.149
TP2: 8.069
TP3: 7.949

Why focus on this setup?
- 1-hour RSI has already fallen to 33.34, near the oversold zone, but the trend is still under bearish control.
- On the 4-hour timeframe, the direction is clearly SHORT; the entry reference is 8.269, with TP1 at 8.149.
- Why now? The short-term rebound lacks strength—RSI hasn’t broken above 40, and bearish momentum is building.

Discussion:
Will this move reach TP2 at 8.069 first, or is it a fakeout dip followed by a pullback?
LINK-2.83%
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