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$ESPORTS /USDT: Is this the last frenzy for the long side?
$ESPORTS /USDT - SHORT (sell)
Trading plan:
Entry: 0.01789 – 0.01829
SL: 0.01997
TP1: 0.01668
TP2: 0.01574
TP3: 0.01433
Why focus on this structure?
4H EMA death cross confirmation, 15M RSI only 34.86, and bearish momentum has not yet exhausted.
- The 1D trend is clearly bearish; daily resistance at 0.02253 has not been broken.
- Entry reference at 0.01809, TP1 target 0.01668; the risk-reward ratio is better than chasing longs.
- Why now? A weak rebound from low RSI, with bears building strength.
Discussion:
Will this wave hit TP2 first, or is it a bull trap rebound before it drops again?