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Most traders think $H /USDT is bottoming—I see a trap forming right here.
$H /USDT - SHORT
Trade Plan:
Entry: 0.05884 – 0.06224
SL: 0.07685
TP1: 0.04831
TP2: 0.04016
TP3: 0.02793
Why this setup?
Why now? The 4h bias is SHORT at 55% confidence, and RSI on 15m sits at 50.58—neutral, not oversold. With 1D trend in a range, this is a textbook rejection zone. Entry at 0.06054 with TP1 at 0.04831 offers 20% downside before the real move.
Debate:
Is this a short squeeze setup or a slow bleed to TP1? What’s your read?