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Most traders ignore $CL /USDT at 73.46—that’s exactly why I’m watching the trap.
$CL /USDT - LONG
Trade Plan:
Entry: 73.28 – 73.64
SL: 71.24
TP1: 75.13
TP2: 76.24
TP3: 77.91
Why this setup?
RSI on 15m is oversold at 37.99 while 4h structure holds a 77.4% confidence long. The 1D range keeps the door open for a squeeze to TP1 at 75.13. Why now? The entry zone is tight, and waiting for a breakout above 73.64 confirms momentum.
Debate:
Is this a false dip before the pump or the start of a deeper slide to 71.24?