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$ESPORTS /USDT: Can you dare to take this bearish signal?
$ESPORTS /USDT - Short SHORT
Trading plan:
Entry: 0.01599 – 0.01631
SL: 0.01765
TP1: 0.01503
TP2: 0.01428
TP3: 0.01315
Why focus on this structure?
- 4H-level SHORT signal with a confidence as high as 95%, and the 1D trend is clearly bearish.
- The current price is around 0.01615; the RSI on the 15-minute chart is only 43.62—still not oversold, and downside room remains.
- Why now? The EMA is in a bearish alignment; the 1H resistance level at 0.01615 has been tested multiple times without breaking, and the rebound is weak.
- Targets: TP1 0.01503, TP2 0.01428; set the stop-loss at 0.01765, with a risk-reward ratio exceeding 2:1.
Discussion:
Will this short hit TP2 first, or is it a stop-hunt dip followed by a rebound spike? Where will you place your orders?