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LINK’s liquidity-pull (spoofing) signal: the 15-minute RSI is already overbought.
$LINK /USDT - Go short SHORT
Trading plan:
Entry: 8.355 – 8.377
SL: 8.476
TP1: 8.283
TP2: 8.228
TP3: 8.145
Why focus on this structure?
The data is clear: the 15-minute RSI is at 70.46, warning of overbought conditions. The 4-hour EMA is bearish, so the direction is SHORT, with an entry reference at 8.366. Take-profit targets are 8.283 (TP1), 8.228 (TP2), and 8.145 (TP3). Why now? The market is overheated in the short term, so the probability of a pullback is high.
Discussion:
Will this move hit TP2 first, or is it a liquidity-pull trap?