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H/USDT 4-hour bearish signal, but RSI suggests the rebound isn’t finished yet?
$H /USDT - Short SHORT
Trading Plan:
Entry: 0.07003 – 0.07091
SL: 0.07471
TP1: 0.06729
TP2: 0.06518
TP3: 0.06200
Why pay attention to this structure?
- Current price is 0.07047, close to 4-hour EMA resistance; short-term RSI (15m) at 55.29 is not overbought.
- The 1D trend is sideways, but the bearish direction is clear: TP1 0.06729, TP2 0.06518.
- Why now? RSI in the neutral zone + the range top; the short entry is positioned right at the resistance level, waiting for a breakdown.
Discussion:
Will this move reach TP2 first, or will it lure shorts and rebound back up to 0.07471?