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ESPORTS short squeeze trap—can you believe a 95% win rate?
$ESPORTS /USDT - SHORT
Trading plan:
Entry: 0.01885 – 0.01931
SL: 0.02130
TP1: 0.01742
TP2: 0.01631
TP3: 0.01464
Why focus on this setup?
On the 4-hour timeframe, shorts are leading; the 1D trend is clearly bearish. The 15m RSI has dropped to 44.61, with momentum exhausted. Current price is 0.01908, close to the EMA resistance zone; an RSI divergence signal is starting to appear. Why now? The short setup is complete: the entry is right below the resistance at 0.01931. TP1 targets 0.01742, with a 2.4:1 risk-reward ratio. Stop loss is set at 0.02130—risk is controllable.
Discussion:
Will this bounce first to hit TP1, or will it smash straight through TP2? Do you follow the short?