Watching $LINK for a potential downtrend continuation

As long as $LINK stays below the SMA25, it looks primed for a leg down, targeting the support level of 7.71

Close below SMA7 and SMA25, bearish 10-bar trend, last candle is bullish but overall trend is bearish

A daily close above 8.92 breaks this setup

Are you shorting this move on $LINK or waiting for a bounce?