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Has the LINK long/short tipping point arrived? Are you willing to bet?
$LINK /USDT - SHORT
Trading plan:
Entry: 8.338 – 8.356
SL: 8.438
TP1: 8.279
TP2: 8.233
TP3: 8.165
Why focus on this structure?
The 4-hour SHORT signal has been activated, with a confidence of 55.4%. Currently consolidating around 8.347, RSI on the 15m is only 52.59, and momentum is weak. The daily trend is range-bound; the 1-hour EMA support is 8.347—if it breaks, the downside targets are TP1 8.279 and TP2 8.233. ATR 1h is 0.038, so volatility is manageable. Why now? Because the price keeps getting tested in a key resistance zone; bulls can’t break above the 8.356 high, and the bears are building up momentum.
Discussion:
Will this move reach TP2 8.233 first, or will it fake a drop to pull back up to 8.461?