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Everyone’s bullish on $CL /USDT—but the real money is made fading the crowd at 68.81.
$CL /USDT - SHORT
Trade Plan:
Entry: 68.72 – 68.90
SL: 69.63
TP1: 68.19
TP2: 67.78
TP3: 67.16
Why this setup?
RSI on 15m is dead center at 50.18, no momentum to break the 1D range. ATR on 1h is tight at 0.34, signaling a squeeze. With TP1 at 68.19 and a 55.4% short confidence, the path of least resistance is down. Why now? The 4h MTF aligns for a short before the next volatility pop.
Debate:
Are you shorting this range or waiting for a fakeout above 70.73?