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LINK short signal activated, are you still going long?
$LINK /USDT - Short SHORT
Trading Plan:
Entry: 7.987 – 8.021
SL: 8.170
TP1: 7.879
TP2: 7.796
TP3: 7.672
Why focus on this structure?
- 4H cycle clearly bearish, 1D trend continues bearish, direction aligned.
- RSI 15m at 61.14, not overbought but momentum weak, suitable for chasing short.
- Why now? Current price 8.004 near EMA resistance zone, and ATR 1h only 0.069, low volatility, high probability of breakout.
Discussion:
TP2 at 7.796, do you think it will drop to here first, or trap short then rebound?