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**Short-sellers with 95% win rate, how much further will $H /USDT fall?**
H_USDT - SHORT
Trade Plan:
Entry: 0.0667 – 0.0677
SL: 0.0720
TP1: 0.0636
TP2: 0.0612
TP3: 0.0575
Why focus on this structure?
- Bearish signal on the 4-hour timeframe, RSI (15m) at only 47.88, not oversold, plenty of room to the downside
- Clear downtrend on the daily chart, ATR (1h) at 0.002016 shows moderate volatility, suitable for trend following
- Current price 0.0672, TP1 at 0.0636, TP2 at 0.0612, stop loss at 0.0720, risk/reward ratio over 2:1
Discussion:
Will this leg hit TP2 first, or is it a bear trap?