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?
LINK1.20%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned