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LINK 4-hour short signal, but most people are waiting for even lower prices?
$LINK /USDT - Short SHORT
Trading plan:
Entry: 8.233 – 8.269
SL: 8.424
TP1: 8.121
TP2: 8.034
TP3: 7.905
Why focus on this structure?
• RSI on the 15-minute timeframe is already at 64.28, short-term overheated, and resistance is near 8.269.
• The 4-hour direction is clearly SHORT: TP1=8.121, TP2=8.034, with a reward-to-risk ratio of about 2:1.
• The daily chart is in range-bound consolidation, and the short entry point around 8.251 is exactly at the top edge of the range—your opportunity window is open.
Discussion:
If LINK retraces to 8.233 and doesn’t break, will you short right away, or wait for confirmation at 8.269?