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LINK short with a 95% win rate—do you dare to catch this dart?
$LINK /USDT - SHORT
Trading plan:
Entry: 7.911 – 7.939
SL: 8.059
TP1: 7.825
TP2: 7.758
TP3: 7.657
Why focus on this structure?
- The 4-hour trend is clearly bearish, and the daily chart aligns as bearish as well—two timeframes resonate together.
- The current price of 7.925 is near EMA resistance; the 15-minute RSI at 57.46 is not overbought, with plenty of downside room.
- ATR at 0.0557 indicates normal volatility; TP1 at 7.825 is only 1.26% from the current level, making the short-term target clear.
Discussion:
Do you take this short first at TP1, or directly smash it to TP2?