$LINK just printed three lower highs in a row on the daily — that's a textbook bearish structure and I'm not ignoring it.
The call: $LINK goes to $7.52.
I'm wrong on a close above $12.2.
Clean setup. Clear risk. That's the trade.
If you're long here, you better have a plan — because the chart's telling a different story. Structure matters, and right now it's screaming downside.
Let's see if it breaks or bounces. Either way, I've got my line in the sand.
The call: $LINK goes to $7.52.
I'm wrong on a close above $12.2.
Clean setup. Clear risk. That's the trade.
If you're long here, you better have a plan — because the chart's telling a different story. Structure matters, and right now it's screaming downside.
Let's see if it breaks or bounces. Either way, I've got my line in the sand.