LINK 8.37 fake breakout—did you get trapped?



$LINK /USDT - short SHORT

Trading plan:
Entry: 8.361 – 8.383
SL: 8.476
TP1: 8.294
TP2: 8.242
TP3: 8.164

Why focus on this structure?
On the 4-hour timeframe, the bearish signal is already out:
- LINK is blocked at 8.372; the 15-minute RSI 63.47 hasn’t entered overbought, but the 1-day trend is ranging, so bulls and bears are unclear.
- The stop loss at 8.476 is clear; TP1 at 8.294 is right in front of us, and the entry at 8.372 is short-term resistance.
- Why now? RSI is falling from a high level + narrow ATR 0.0434 suggests volatility is about to expand, so shorts are preferred.

Discussion:
Do you think this move will reach 8.294 first, or will it be a bull-trap rebound?
LINK1.15%
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