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$ESPORTS /USDT’s RSI on the 15-minute chart is only 41— is this the bottom or a trap?
$ESPORTS /USDT - Go LONG
Trade plan:
Entry: 0.01357 – 0.01377
SL: 0.01238
TP1: 0.01464
TP2: 0.01529
TP3: 0.01626
Why focus on this structure?
- The 4-hour bullish signal has been confirmed, with 84% confidence, but the 1-day trend is still bearish.
- Entry 0.01367, TP1 0.01464, TP2 0.01529, SL 0.01238, with a risk-reward ratio as high as 1:2.3.
- Current RSI (41.28) is on the edge of oversold; if it rebounds, short-term momentum could explode.
Discussion:
Will this run first to TP2, or is it a bull trap?