$LINK - SHORT lean
RSI at 51 on the 1-hour but 38 on the 4-hour
My read is a paradox since the 1-hour looks neutral while the 4-hour leans weak, so momentum stays mixed. Price sits inside the entry zone with the stop 0.7% away, keeping the short idea favored if this split holds.
Anyone watching 11.49 instead of the entry zone?
TRADE PLAN
Entry zone: 11.49 - 11.51 (ref 11.502)
TP1: 11.42 (+0.71%)
TP2: 11.35 (+1.32%)
TP3: 11.29 (+1.84%)
Stop loss: 11.58 (-0.67%)
⚠️ Personal market insight, not investment advice. DYOR.
RSI at 51 on the 1-hour but 38 on the 4-hour
My read is a paradox since the 1-hour looks neutral while the 4-hour leans weak, so momentum stays mixed. Price sits inside the entry zone with the stop 0.7% away, keeping the short idea favored if this split holds.
Anyone watching 11.49 instead of the entry zone?
TRADE PLAN
Entry zone: 11.49 - 11.51 (ref 11.502)
TP1: 11.42 (+0.71%)
TP2: 11.35 (+1.32%)
TP3: 11.29 (+1.84%)
Stop loss: 11.58 (-0.67%)
⚠️ Personal market insight, not investment advice. DYOR.
