$LINK Bearish, Market entry: 8.3850
TP1 below: 8.2307 (first take-profit)
TP2 below: 8.1613 (second take-profit)
DCA: 8.4359 (add-position watch level on bounce)
SL: 8.4868 (stop-loss exit)
Risk first on this one — long accounts are clearly crowded right now, funding at 0.01% isn't extreme, but the 4H structure has hit resistance. Enter short at market, light size — no heavy positioning.
Break below 8.2307, then target 8.1613.
If price reclaims 8.4868, exit immediately on the stop — don't hold the short against the trend.
TP1 below: 8.2307 (first take-profit)
TP2 below: 8.1613 (second take-profit)
DCA: 8.4359 (add-position watch level on bounce)
SL: 8.4868 (stop-loss exit)
Risk first on this one — long accounts are clearly crowded right now, funding at 0.01% isn't extreme, but the 4H structure has hit resistance. Enter short at market, light size — no heavy positioning.
Break below 8.2307, then target 8.1613.
If price reclaims 8.4868, exit immediately on the stop — don't hold the short against the trend.