$LINK is bouncing, but the chart feels heavier than most admit.
$LINK - SHORT
Trade Plan:
Entry: 9.03912 – 9.07710
SL: 9.17205
TP1: 8.94417
TP2: 8.90619
TP3: 8.83023
Why this setup?
4h structure sets up for a SHORT, backed by a bearish 1D backdrop. The key is reaction around 9.03912 – 9.07710 (mid 9.05811), not the bounce. RSI 15m at 46 still aligns with downside—momentum is neutral enough for downside to build. 15m volume runs at 4.00x with 48.01K traded versus 12.00K expected per 15m, confirming real sell pressure.
Debate:
Is this a clean reaction, or the setup that traps the early side?
Click bellow for trade 👇