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95% win-rate short order hidden position, $ESPORTS /USDT about to plunge?
ESPORTS_USDT - short SHORT
Trading plan:
Entry: 0.01442 – 0.01460
SL: 0.01539
TP1: 0.01385
TP2: 0.01341
TP3: 0.01276
Why watch this structure?
- 4-hour timeframe bearish signal; the 1D trend is clearly bearish, with clear EMA suppression.
- Current price 0.01451; TP1 is only 4.5% away, and TP3 is more than 12% away; risk-reward ratio is 3:1.
- RSI on 15m is in the neutral zone around 50; not oversold, with plenty of downside room.
Discussion:
Will this drop straight to TP3, or will it first lure longs before killing?