LINK longs are holding on around 8.258, but the RSI exposes the next trap.



$LINK /USDT - Short

Trading plan:
Entry: 8.246 – 8.270
SL: 8.370
TP1: 8.174
TP2: 8.119
TP3: 8.035

Why focus on this setup?
- The 4-hour direction is clearly SHORT; the current price at 8.258 is the best entry point.
- The 15-minute RSI is only 54.07, far from overheated, indicating downside room still remains.
- The 1D trend is consolidating sideways, but the short-term EMA has started to slope downward; TP1 looks to 8.174, TP2 to 8.119.
- Why now? Because 8.258 is the resistance level—if it doesn’t break through, it’s a short opportunity.

Discussion:
Will this leg hit TP2 first, or will it lure longs and then snap back up? Where will you place your short?
LINK0.66%
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