Most traders are buying $CL /USDT at 79.49—here’s why I’m betting against them.



$CL /USDT - SHORT

Trade Plan:
Entry: 79.27 – 79.71
SL: 81.57
TP1: 77.93
TP2: 76.89
TP3: 75.33

Why this setup?
• 4h bias is SHORT with 55% confidence, and RSI on 15m sits at 49.81—neutral but poised to drop.• Entry range (79.27–79.71) aligns with a range-bound 1D trend, making rejection likely.• TP1 at 77.93 is just 2% away; why wait for a breakout that isn’t confirmed?

Debate:
Are you fading this short at 79.49 or stacking longs for a bounce?
CL-2.68%
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned