$HOME /USDT 4-hour RSI drops to 29—have the bears already amassed their firepower?



$HOME /USDT - Go SHORT (short sell)

Trading plan:
Entry: 0.01504 – 0.01512
SL: 0.01548
TP1: 0.01478
TP2: 0.01458
TP3: 0.01428

Why focus on this setup?
- The 1-day trend is clearly bearish, and at the 4-hour level the short signal has 95% confidence.
- The 15-minute RSI is only 29.31—oversold but not yet reversed, and bearish momentum continues.
- Current price is 0.01508. TP1 at 0.01478 (-2%), TP2 at 0.01458 (-3.3%); risk-reward ratio is favorable.
- Why now? RSI is at low levels + trend resonance—this is the window to short the bounce.

Discussion:
Will this move hit TP1 first, or will it wick up and fake a breakout first? Would you short at 0.01508?
HOME-4.11%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned