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$ESPORTS /USDT 4-hour RSI drops to 22.65, bottom fishing signal or trap?
$ESPORTS /USDT - Go Long LONG
Trading Plan:
Entry: 0.01967 – 0.01995
SL: 0.01811
TP1: 0.02108
TP2: 0.02193
TP3: 0.02320
Why focus on this structure?
- 15-minute RSI has been oversold to 22.65, short-term rebound momentum is accumulating
- 4-hour EMA bullish alignment confirms LONG direction, confidence 84%
- Key support 0.01967 unbroken, TP1 target 0.02108 (+6.4%)
- Daily trend is bearish but oversold zones usually trigger counter-trend rebounds
Discussion:
Can this rebound reach TP1 first or directly break through 0.01967? Where is your short stop loss set?