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$ESPORTS /USDT, is this rebound a trap or a reversal?
$ESPORTS /USDT - LONG
Trading Plan:
Entry: 0.0215 – 0.0217
SL: 0.0202
TP1: 0.0227
TP2: 0.0234
TP3: 0.0245
Why focus on this structure?
- 4H LONG signal, confidence 84%, RSI 15min at 31.19, oversold zone brewing a rebound.
- Entry reference 0.0216, TP1 0.0227, TP2 0.0234, stop loss 0.0202.
- Why now? Daily chart is bearish, but short-term oversold + high confidence LONG, exactly the window for a rebound.
Discussion:
Will this wave hit TP2 first, or is it a bull trap?