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$ESPORTS /USDT The last frenzy for longs? 95% probability the shorts are already locked in!
$ESPORTS /USDT - Sell SHORT
Trading plan:
Entry: 0.01687 – 0.01719
SL: 0.01857
TP1: 0.01587
TP2: 0.01510
TP3: 0.01395
Why focus on this setup?
- On the 4H timeframe, the short trend is clear. RSI on 15m is only 32.32, momentum is exhausted—so a rebound is an opportunity to short.
- The current price 0.01703 is near EMA resistance. 1H ATR is only 0.000642, volatility is tightening, and the probability of breaking the previous high 0.01719 is low.
- Why now? 95% confidence aligns with a 1D bearish structure. TP1 0.01587 is within reach, with a risk-reward ratio of 2:1.
Discussion:
Will this leg of the shorts reach TP2 0.01510 first, or will it be a stop-hunt rebound back to 0.01857 SL? What do you think?