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Is the final escape window for LINK longs about to close?
$LINK /USDT - SHORT (short sell)
Trading plan:
Entry: 7.963 – 7.983
SL: 8.064
TP1: 7.904
TP2: 7.859
TP3: 7.790
Why focus on this structure?
- The 4H SHORT signal is already armed, with 95% confidence, and the 1-day trend is clearly bearish.
- Current LINK price is 7.973, and the 15M RSI is only 42.85, with rebound momentum exhausted.
- Why now? EMA bearish alignment + weak RSI; the first target TP1 7.904 is within arm’s reach. After a breakdown, accelerate to TP2 7.859.
Discussion:
Will this move hit TP2 7.859 first, or will it lure longs upward, pull back to 8.064, and trigger a short squeeze?