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LINK bulls' last stubbornness? 8.196 is the ceiling.
$LINK /USDT - short SHORT
Trading plan:
Entry: 8.180 – 8.212
SL: 8.346
TP1: 8.083
TP2: 8.008
TP3: 7.896
Why focus on this setup?
- The 4H SHORT signal has been triggered. RSI on the 15M is only 46.78, and momentum is bearish.
- Entry at 8.196, TP1 8.083, TP2 8.008, stop loss 8.346, risk-reward is 1:2.5.
- The 1D trend is ranging; rebounds are weak under EMA resistance—why now? Because 8.203 is the last bearish line of defense.
Discussion:
Will this wave reach TP2 first, or will it trigger a bear trap/short trap followed by a rebound?