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$ESPORTS /USDT 4h hides danger for longs—don’t get careless!
$ESPORTS /USDT - Short SHORT
Trading plan:
Entry: 0.01476 – 0.01494
SL: 0.01567
TP1: 0.01424
TP2: 0.01383
TP3: 0.01321
Why focus on this setup?
- The 1D trend is clearly bearish; the 15-minute RSI has reached 68.95, in the overbought zone, and rebound momentum is fading.
- In the 4h EMA setup, the moving averages are bearish; the current price of 0.01485 is near the resistance zone, and downside space is opening.
- Why now? After a short-term long squeeze and lure, the bears can strike at any time. TP1 is at 0.01424, and TP2 is at 0.01383.
Discussion:
Will this SHORT hit TP2 first, or will it be a fake breakout pullback? Would you dare to place the order?