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$ESPORTS | 1h | Breakdown Fade Short
Bias: Short
Entry Zone: 0.4630 to 0.4665
Stop Loss: 0.4785
Targets:
TP1: 0.4495
TP2: 0.4390
TP3: 0.4230
Invalidation:
Close above 0.4785
Why This Setup:
I’m fading the move after the sharp breakout into resistance, since price is stalling just under the recent highs with momentum starting to cool. If the 1h range loses support, I expect a quick rotation back toward the prior breakout base and lower liquidity pockets.
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