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ESPORTS bear trap, or a real breakthrough precursor?
$ESPORTS /USDT - Short SHORT
Trade Plan:
Entry: 0.02225 – 0.02248
SL: 0.02346
TP1: 0.02153
TP2: 0.02098
TP3: 0.02015
Why focus on this structure?
- Current price 0.02236, 1D trend clearly bearish, 15m RSI only 44.06, bearish momentum not exhausted.
- 1h ATR only 0.00046, low volatility, but 4h direction points to SHORT, 95% high confidence.
- Current entry point is close to EMA resistance, stop loss at 0.02346 is reasonable, TP1 at 0.02153 is within reach.
Discussion:
Will this wave hit TP1 first, or break straight through to TP2?