LINK is holding in the upper half of the active range, and price action is still testing conviction on lower timeframes. Momentum is weakening and buyers are not showing strong follow-through yet. Structure currently reads DOWN/DOWN/DOWN, with broader bias around BEARISH. My view favors a rejection-based short plan while structure keeps printing weaker rebounds. Execution should stay disciplined. Setup quality is LOW. Current RR is around 2.09. Chasing pressure is 0%.
📌 LINK | SHORT SETUP 📉
Trade Plan:
🎯 Entry: 9.2800 - 9.2937
🛑 SL: 9.3468
✅ TP1: 9.2331
✅ TP2: 9.1400
✅ TP3: 9.0807
Why this setup?
- 4H and 1H are aligned bearish.
- 1H is pulling back into a sell continuation zone (EMA20/Fib).
- 15M is also pulling back into a continuation entry zone.
- 15M squeeze while still below EMA20.
- MACD 1H is aligned bearish.
📊 Bias Confidence: 76% | Execution Confidence: 88% | RR: 2.09 | Setup Quality: LOW
Trade responsibly; crypto markets are volatile and past performance is not indicative of future results.
⚠️ Personal view only. Manage risk and position size before entry.