H/USDT 4H level bearish signal has been triggered, are you still waiting?



$H /USDT - Short SHORT

Trading Plan:
Entry: 0.06884 – 0.06982
SL: 0.07406
TP1: 0.06579
TP2: 0.06342
TP3: 0.05988

Why focus on this structure?
- Current price 0.06933 is within the 4H cycle SHORT entry zone, and the EMA moving average system has not yet formed a bullish arrangement.
- RSI 15M is at 58.03, approaching the overbought area, increasing the risk of a short-term pullback.
- Referencing TP1 0.06579 and TP2 0.06342, the downside potential is about 5%-8%, with a clear stop loss at 0.07406.
- Why now? 4H trend is bearish + intraday indicators are overheated, wait for entry and then follow the trend to capture swings.

Discussion:
For this short position, should we first target TP1 or directly go for TP2? Where are you setting your stop loss?
H-2.81%
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