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Everyone is bullish on ESPORTS, but the data says otherwise.
$ESPORTS /USDT - SHORT
Trade Plan:
Entry: 0.06095 – 0.06243
SL: 0.06879
TP1: 0.05636
TP2: 0.05281
TP3: 0.04749
Why this setup?
95% confidence SHORT with 1D bearish trend. RSI on 15m is 68.71—overbought on a small timeframe while 4h structure confirms weakness. Entry at 0.06169 with tight SL at 0.06879. Why now? The 1h ATR is 0.002959, so a break below 0.06095 triggers downside momentum toward TP1 at 0.05636.
Debate:
Is the 0.06095 support the last stand before a cascade, or will shorts get squeezed first?