LINK hides danger on the 4-hour timeframe—short signals are already in place.



$LINK /USDT - short SHORT

Trading plan:
Entry: 8.171 – 8.207
SL: 8.358
TP1: 8.062
TP2: 7.977
TP3: 7.850

Why watch this structure?
- RSI on the 15-minute timeframe dropped to 32.51, oversold, but the trend has not reversed.
- 4-hour EMA bearish alignment; the current price 8.189 is trading right under EMA resistance.
- ATR on the 1-hour timeframe is 0.07; volatility is shrinking but the direction is clear: TP1 8.062, TP2 7.977.
- Why now? The lower bound of the daily consolidation range; short-term bearish momentum has not fully faded.

Discussion:
Will this drop reach TP2 7.977 first, or will it be a stop-hunt bounce?
LINK-4.31%
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134Ceros
· 7h ago
Entering the trade right in this zone is also quite good, but beware—it may bounce back because it’s already oversold.
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