$LINK - SHORT trade plan (x20)
Everyone sees a quiet $LINK chart. The order flow says sellers are in control.
TRADE PLAN
Entry zone: 11.95 - 11.96 (ref 11.956)
TP1: 11.75 (+1.72%)
TP2: 11.55 (+3.40%)
TP3: 11.32 (+5.32%)
Stop loss: 12.16 (-1.67%)
On the 30-minute chart, 57.4% of market orders are sells, meaning sellers are hitting the bid. That selling pressure supports a short idea. Negative funding at 0.0055% means shorts pay longs to hold, so the trade carries a cost. The entry zone sits about 0.2% above price, with the stop 1.7% from entry.
Ever held a short while funding worked against you the whole time?
⚠️ Personal market insight, not investment advice. DYOR.
Everyone sees a quiet $LINK chart. The order flow says sellers are in control.
TRADE PLAN
Entry zone: 11.95 - 11.96 (ref 11.956)
TP1: 11.75 (+1.72%)
TP2: 11.55 (+3.40%)
TP3: 11.32 (+5.32%)
Stop loss: 12.16 (-1.67%)
On the 30-minute chart, 57.4% of market orders are sells, meaning sellers are hitting the bid. That selling pressure supports a short idea. Negative funding at 0.0055% means shorts pay longs to hold, so the trade carries a cost. The entry zone sits about 0.2% above price, with the stop 1.7% from entry.
Ever held a short while funding worked against you the whole time?
⚠️ Personal market insight, not investment advice. DYOR.