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H/USDT 4-hour bearish ambush, dare you follow this signal?
$H /USDT - Short SHORT
Trade Plan:
Entry: 0.06581 – 0.06685
SL: 0.07128
TP1: 0.06262
TP2: 0.06014
TP3: 0.05643
Why focus on this structure?
- 15-minute RSI at only 34, short-term oversold but no rebound, bearish momentum continues.
- 4-hour EMA bearish alignment, 1-day trend is ranging, suitable for shorting within the range.
- Current price 0.06633, TP1 at 0.06262, risk-reward ratio close to 2:1, stop loss at 0.07128 clear.
Discussion:
Will this move first hit TP1 and then rebound, or directly trap bears and kill longs?