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Why $CL /USDT’s 15m RSI just flashed 30.69—I’m watching for a breakdown, not a bounce.
$CL /USDT - SHORT
Trade Plan:
Entry: 90.18 – 90.72
SL: 93.02
TP1: 88.52
TP2: 87.24
TP3: 85.31
Why this setup?
Short bias is armed with 55% confidence. The 1D trend is range-bound, but the 4h structure favors downside. Entry at 90.45 with targets at 88.52 (TP1) and 87.24 (TP2). The 1h ATR of 1.07 confirms volatility is compressed—breakouts tend to be sharp. Why now? RSI at 30.69 on the 15m suggests bearish momentum is already in play, not exhaustion.
Debate:
Are we getting a quick flush to TP1 or a slow bleed to TP2?