⚡️ $LINK where to trade the short?👇
On higher timeframes (4h, 1h), LINK is dominated by a confident bearish structure.
The current local rise looks no more than a corrective rebound before a new impulse down in line with the global trend.
Don’t get swayed by emotions from local green candles—big players use this push to build positions for selling in the key resistance zone.
Trading plan:
Entry Zone: 11.350 – 11.550 (testing the imbalance zone and the local order block within the downtrend structure)
TP: 10.600 / 10.200 (removing liquidity pools at local lows and the lower boundary of the range)
SL: 11.720 (above the structural high; a price close above this level cancels the bearish scenario)
#LINK #smartmoney #cryptotrading
On higher timeframes (4h, 1h), LINK is dominated by a confident bearish structure.
The current local rise looks no more than a corrective rebound before a new impulse down in line with the global trend.
Don’t get swayed by emotions from local green candles—big players use this push to build positions for selling in the key resistance zone.
Trading plan:
Entry Zone: 11.350 – 11.550 (testing the imbalance zone and the local order block within the downtrend structure)
TP: 10.600 / 10.200 (removing liquidity pools at local lows and the lower boundary of the range)
SL: 11.720 (above the structural high; a price close above this level cancels the bearish scenario)
#LINK #smartmoney #cryptotrading