Is LINK’s rebound just a stop-hunting move? The shorts are already positioned at 8.248.



$LINK /USDT - SHORT SELL

Trading plan:
Entry: 8.235 – 8.261
SL: 8.371
TP1: 8.156
TP2: 8.094
TP3: 8.002

Why watch this structure?
- The 4-hour short signal has been activated. Entry at 8.248, with only 2% risk on SL.
- RSI (15 minutes) is 48.48; it hasn’t reached oversold yet, and there’s still room for downside.
- Why now? The 1D trend is ranging. The short risk/reward is over 2:1, and TP1 is at 8.156.

Discussion:
Will this leg drop first to TP2, or will it hit the 8.371 stop-loss?
LINK0.78%
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