LINK bearish signals appear—are shorts around 8.26 laying in traps or waiting to trap?



$LINK /USDT - SHORT sell

Trading plan:
Entry: 8.248 – 8.276
SL: 8.393
TP1: 8.164
TP2: 8.098
TP3: 8.000

Why focus on this structure?
- 4H-level bearish confirmation; RSI on 15m at 57.9 hasn’t been oversold yet, and there’s still room for downside.
- The current price 8.262 is near the resistance zone; the first target TP1 8.164 has a reasonable risk-reward ratio.
- Stop loss 8.393; if it breaks below 8.214, the strategy fails.

Discussion:
In this move, should we target TP2 8.098 first, or will it fake a breakdown and then reverse directly?
LINK1.79%
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