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Is XAUT’s rebound a trap or a reversal?
$XAUT /USDT - go short SHORT
Trading plan:
Entry: 4093.1 – 4094.5
SL: 4100.2
TP1: 4089.0
TP2: 4085.8
TP3: 4080.9
Why focus on this structure?
- 4-hour SHORT signal, confidence 95%, trend clearly bearish.
- RSI (15m) is only 46.23, momentum is weak, with limited rebound room.
- Current price is around 4094, near the entry zone, with clear EMA suppression.
- Why now? Because the daily line is arranged with bearish order; this is a good time to short any short-term rebound.
Discussion:
Will this move first hit TP1 4089, or directly drop to TP3 4080?