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Most traders are buying $CL /USDT at 90.46—I’m waiting for a breakdown instead.
$CL /USDT - SHORT
Trade Plan:
Entry: 90.21 – 90.71
SL: 92.82
TP1: 88.69
TP2: 87.52
TP3: 85.75
Why this setup?
Why now? The 4h setup is armed SHORT with 55% confidence. RSI on 15m sits at 42.49, still below midline. Price is hugging the 1h pivot at 90.46 while ATR shows 0.98—tight range before a potential dump. TP1 is 88.69, TP2 at 87.52.
Debate:
Is this a fakeout to 92.82 or the start of a 4% slide to 87.52?