Can you dare to follow this bearish signal for XAUT?
$XAUT /USDT - SHORT
Trading plan:
Entry: 4023 – 4027
SL: 4043
TP1: 4011
TP2: 4002
TP3: 3988
Why focus on this structure?
- 4-hour timeframe confirms the SHORT direction with 95% confidence, and the 1-day trend is clearly bearish.
- Reference price 4025 for entry; 15-minute RSI 68.38 is close to overbought, and the short-term bounce lacks strength.
- TP1 at 4011, TP2 at 4002, with SL set at 4043—risk-reward is clear.
- Why now? Bearish momentum is building, and the entry point is right at the resistance zone.
Discussion:
Will this first hit T