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$HOME /USDT This position, shorts have already set up.
$HOME /USDT - Short SHORT
Trading Plan:
Entry: 0.01563 – 0.01573
SL: 0.01615
TP1: 0.01533
TP2: 0.01509
TP3: 0.01474
Why focus on this structure?
- The 4-hour level confirms a bearish trend, and the daily line is also a bearish structure, direction aligned.
- Current price 0.01568, 15-minute RSI is only 40.39, weak rebound.
- Why now? EMA downward pressure + low RSI, a rebound is an entry for shorts, TP1 target 0.01533, TP2 target 0.01509.
Discussion:
Do you think this wave will reach TP2 first, or will it fake out to the upside back to 0.016?