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LINK Long/short battle, the 4-hour short signal has lit up
$LINK /USDT - go short SHORT
Trading plan:
Entry: 8.315 – 8.337
SL: 8.427
TP1: 8.250
TP2: 8.200
TP3: 8.124
Why focus on this structure?
- RSI 15m 44.99, bearish and not oversold—there’s still room for downside in the short term
- 4-hour confirms the SHORT direction, entry at 8.326, TP1 8.250, TP2 8.200
- Stop loss at 8.427, the risk-reward is reasonable; the 1D trend is ranging, suitable for catching short-term pullbacks
Discussion:
Will this short reach TP2 first, or is it a bear-trap rebound?