Esports Coin 4-hour RSI Drops to 12, Buying the Dip or Catching a Falling Knife?



$ESPORTS /USDT - LONG

Trading Plan:
Entry: 0.01772 – 0.01806
SL: 0.01575
TP1: 0.01949
TP2: 0.02056
TP3: 0.02216

Why focus on this structure?
- 15-minute RSI is only 12.32, extremely oversold, rebound momentum is building.
- 4-hour LONG signal confidence 84%, entry reference 0.01789, TP1 target 0.01949 (+9%).
- Daily chart is bearish, but oversold zones often trigger violent reversals, current risk-reward ratio 2.3:1.

Discussion:
Will this rebound hit TP1 first or directly pierce the SL?
ESPORTS-17.97%
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