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LINK hides danger at the 4-hour level—are you really willing to ignore this bearish signal?
$LINK /USDT - Go SHORT
Trading plan:
Entry: 8.327 – 8.349
SL: 8.447
TP1: 8.257
TP2: 8.202
TP3: 8.121
Why focus on this structure?
- The current price 8.338 is right at the key 4H resistance; RSI on 15M is 58.6 and hasn’t entered overbought—bearish momentum is building
- Why now? The 1D trend is ranging, but the 4H is issuing a SHORT signal; TP1 at 8.257 offers a 2:1 reward-to-risk
- If it breaks below 8.327, shorts accelerate; TP2 points to 8.202, while SL is only 8.447—risk is controllable
Discussion:
Is this move going to dump first to TP2 then rebound, or will it directly bait shorts into a liquidation surge? How are you setting your position?