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$ESPORTS | 1h | Breakdown Short
Bias: Short
Entry Zone: 0.0358 to 0.0366
Stop Loss: 0.0392
Targets:
TP1: 0.0330
TP2: 0.0305
TP3: 0.0278
Invalidation:
Close above 0.0392
Why This Setup:
I see a weak rebound after a heavy downtrend, but price is still capped under nearby supply and failing to reclaim the recent spike high. I want the short as long as it keeps rejecting the 0.036-0.037 area and loses the local support shelf.