$LINK / $USDT (4H) -Short



‎$11.38–$11.68 Pumped 7.89 → 12.62, now stuck under that high in premium. 30d is still strong so this is a range fade, not a “$LINK is dead” short.

‎TP1 $10.99
‎TP2 $10.25
‎TP3 $9.73
‎SL $11.82

‎If they close above $11.82 I’m out. Don’t fade a breakout.

‎Not a Financial advice.

#crypto #chainlink #LINK #USDT
LINK0.24%
USDT0.00%
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TrendlineArtist
· 12 hours ago
The logic of this trade is clear; waiting for a pullback.
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EquityGuardian
· 13 hours ago
The 30d strength shows the bulls aren’t completely dead yet, so shorting in batches is safer.
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L2GasScout
· 15 hours ago
TP1 position is holding pretty steadily; the order has been placed.
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BaseBuilder
· 15 hours ago
LINK has indeed been moving sideways for quite a while lately; it’s time for it to move.
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HedgeScythe
· 15 hours ago
$11.82 is the critical threshold—keep a close eye on it.
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RateRoundtable
· 15 hours ago
There is minor support around TP2 10.25; consider reducing your position.
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CrossChainMessenger
· 15 hours ago
Not financial advice, but my body says otherwise.
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VolPlayer
· 15 hours ago
Just got shaken out by a fake breakout once; I’m in this time.
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TxCollector
· 15 hours ago
“Premium” is a good choice of word—it is indeed a bit pricey.
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WhaleWatcher
· 15 hours ago
The SL is set tight, in line with the principle of not holding losing positions.
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