$HOME /USDT’s 0.0169—trap or launch point?



$HOME /USDT - Go short (SHORT)

Trading plan:
Entry: 0.0167 – 0.0171
SL: 0.0192
TP1: 0.0152
TP2: 0.0140
TP3: 0.0123

Why focus on this structure?
- On the 4H timeframe, the 1D trend is clearly bearish, with the bears in control.
- RSI on the 15M hit 70.92, indicating short-term overbought and increasing pullback pressure.
- Main setup: short entry at 0.0169; TP1 at 0.0152; TP2 at 0.0140; stop loss at 0.0192.
- Why now? Overbought signals stack on top of a bearish market trend, giving a higher probability of a successful short.

Discussion:
Will this move reach TP2 first, or is it a bull trap followed by a rebound?
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