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H/USDT Long positions’ final chance to escape?
$H /USDT - Short
Trading plan:
Entry: 0.05971 – 0.06033
SL: 0.06297
TP1: 0.05781
TP2: 0.05634
TP3: 0.05413
Why focus on this structure?
- On the 4-hour timeframe, the trend is clearly bearish, and the 1-day chart is also dominated by bears
- The current price 0.06002 is pressing right against EMA resistance; RSI (15m) is only 46.2, with no strength for a rebound
- Bearish targets: TP1: 0.05781, TP2: 0.05634; stop loss at 0.06297
- The entry range is 0.05971-0.06033, and the current price is right at the key level
Discussion:
Will this move first spike up to 0.063 and then crash, or will it directly break through TP2?