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ESPORTS drops below 0.0178, with shorts eyeing TP2!
$ESPORTS /USDT - SHORT
Trading plan:
Entry: 0.0176 – 0.0180
SL: 0.0195
TP1: 0.0166
TP2: 0.0157
TP3: 0.0145
Why focus on this structure?
The 4-hour timeframe confirms a bearish trend; the 15-minute RSI is only 36.48, with insufficient momentum. The entry zone is 0.0176–0.0180. TP1 at 0.0166 is already within reach, and TP2 at 0.0157 is the next target. Stop loss at 0.0195 keeps the risk under control.
Discussion:
Is this leg of bearish pressure directly smashing into TP2, or will it bounce first to lure longs before dropping again?