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$ESPORTS /USDT 4-hour death cross warning—are the shorts coming?
$ESPORTS /USDT - SHORT
Trading plan:
Entry: 0.01415 – 0.01431
SL: 0.01503
TP1: 0.01363
TP2: 0.01323
TP3: 0.01264
Why focus on this setup?
- The current 1-hour EMA is being rejected; RSI on the 15-minute chart at 56.86 is not overbought—bear momentum is building
- The 4-hour timeframe has a clear SHORT bias; refer to TP1=0.01363, TP2=0.01323, with a reward-to-risk ratio over 3x
- Why now? The 1D trend is consolidating; there’s a high probability of a breakdown on the 4-hour chart—spot price around 0.01423 is a good spot to try a short with a small position
Discussion:
Will this bounce first to TP1, or will it accelerate and break down straight to TP2?