XAUT 4-hour top bearish divergence; shorts have already positioned themselves



$XAUT /USDT - SHORT sell

Trading plan:
Entry: 4014.2 – 4020.0
SL: 4045.0
TP1: 3996.2
TP2: 3982.2
TP3: 3961.3

Why focus on this structure?
• On the 4-hour timeframe, the trend is clearly bearish, and the 1-day chart is also dominated by shorts—double pressure.• The current price is around 4017; the first target at 3996 is just one step away—an excellent risk-reward ratio.• The RSI on the 15-minute timeframe is neutral but slightly weak; the bounce lacks strength, and shorts are building momentum to break down.

Discussion:
Will this short hit TP1 first, or will it smash through TP2 directly?
XAUT-0.87%
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