Short $LINK : sellers must defend 12.78–12.81 on the 4H.
Price sits at 12.8, under the 4H EMA50. If sellers hold this zone, 12.7 and 12.6 open up. 12.9 breaks it and I step aside.
What backs it:
- 4H price 12.8 below EMA50 13.5, trend structure still favors sellers
- Risk 1.2% to SL vs 1.9% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 12.78–12.81 · TP 12.70 / 12.64 / 12.55 · SL 12.95
Do sellers hold 12.8, or does 12.9 break first?
NFA · DYOR
Price sits at 12.8, under the 4H EMA50. If sellers hold this zone, 12.7 and 12.6 open up. 12.9 breaks it and I step aside.
What backs it:
- 4H price 12.8 below EMA50 13.5, trend structure still favors sellers
- Risk 1.2% to SL vs 1.9% to TP3, about 1.6R if the full move plays out
- BTC short-term trend bearish, a tailwind for this idea
🔴 SHORT · Entry 12.78–12.81 · TP 12.70 / 12.64 / 12.55 · SL 12.95
Do sellers hold 12.8, or does 12.9 break first?
NFA · DYOR