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Everyone is buying ESPORTS at 0.0734—here's why I'm not touching it.
$ESPORTS /USDT - SHORT
Trade Plan:
Entry: 0.0725 – 0.0743
SL: 0.0817
TP1: 0.0671
TP2: 0.0630
TP3: 0.0567
Why this setup?
RSI on the 15m is screaming at 75.59 (overbought). 1D trend is bearish. The 4h MTF confirms SHORT with 95% confidence. Entry zone is 0.0725-0.0743, with TP1 at 0.0671 and TP2 at 0.0630. The "invalid" line at 0.0761 is your invalidation—if it breaks, run.
Debate:
Are we front-running the dump or getting caught in a liquidity grab before a fakeout?