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Most traders will buy this $ESPORTS /USDT dip—I’m preparing to short it at 95% confidence.
$ESPORTS /USDT - SHORT
Trade Plan:
Entry: 0.09593 – 0.09977
SL: 0.11631
TP1: 0.08401
TP2: 0.07478
TP3: 0.06094
Why this setup?
Why now? 4h structure confirms bearish bias with 95% confidence. RSI on 15m at 59.52 shows short-term bounce losing steam. Daily trend is bearish, and entry zone 0.09785 aligns with resistance. ATR of 0.00769 suggests volatility is low, but the setup targets TP1 at 0.08401—a 14% drop from entry. The alternative long setup is invalid above 0.10687, so the path of least resistance is down.
Debate:
Are you fading this 95% confidence short or riding the bounce to invalidation at 0.10687?