Is the LINK long side still struggling to hold on? A dead cross signal has appeared on the 4-hour timeframe



$LINK /USDT - short SHORT

Trading plan:
Entry: 8.291 – 8.313
SL: 8.407
TP1: 8.223
TP2: 8.171
TP3: 8.093

Why focus on this setup?
1D trend is ranging; the 4-hour EMA dead cross + RSI 15m 60.14 has fallen back from the overbought zone, and bearish momentum is building.
- Current price is 8.302, right at the lower edge of the 4-hour resistance zone; it has been tested multiple times without breaking through.
- Why now? RSI has turned down from a high level + ranging on shrinking volume, which is often a precursor to a sharp drop.
- The first target TP1 8.223 (-0.95%); if it breaks down, directly look at TP2 8.171.

Discussion:
Will this wave of LINK reach 8.223 first, or is it going to do a bear-market squeeze rebound to 8.313? Comment below!
LINK2.06%
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