LINK 8.16 — Is this the last chance to get on before takeoff?



$LINK /USDT - Short SHORT

Trading plan:
Entry: 8.147 – 8.181
SL: 8.325
TP1: 8.043
TP2: 7.962
TP3: 7.842

Why focus on this structure?
- On the 4H timeframe it’s bearish, but on the 1D it’s still within a range—direction needs confirmation.
- RSI on the 15m just bounced to 50.43; long/short are balanced, but the 1H resistance at 8.164 is clearly suppressing.
- Current SHORT limit at 8.164: TP1 at 8.043 offers only 1.5% upside, with a risk-reward ratio of 1:2.
- Why now? Until the EMA breaks above the prior high, bullish momentum is lacking, and the bear trap setup window is open.

Discussion:
Will this move in LINK first hit TP2 at 7.962, or will it bait a dip and rebound up to 8.285?
LINK-2.01%
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