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$CL /USDT The final wild party for longs? Data hints the trap is already set
$CL /USDT - Go short SHORT
Trading plan:
Entry: 73.43 – 73.65
SL: 74.57
TP1: 72.77
TP2: 72.25
TP3: 71.48
Why focus on this setup?
- 4H timeframe signals turning bearish; the 15-minute RSI is only 47.7, rebound momentum has run out
- 1D trend is ranging; key resistance 73.65 has not broken, and the bears’ target is straight at 72.77 (TP1)
- If it breaks below 72.19 (invalidation price), trend confirmation will accelerate
Discussion:
Do you think this move of CL_USDT will hit 72.77 first and then bounce, or will it directly lure longs to sweep stops?