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ESPORTS: The last wild party for longs?
$ESPORTS /USDT - Go SHORT (short position)
Trading plan:
Entry: 0.02311 – 0.02465
SL: 0.03123
TP1: 0.01837
TP2: 0.01469
TP3: 0.00918
Why watch this structure?
- The daily trend is clearly bearish; the 4-hour signal is 95% pointed to SHORT.
- The 15-minute RSI is only 26.79—extremely oversold, but not reversed—indicating shorts are still in control.
- Near 0.02388, if it breaks below 0.02233, the setup is invalidated; otherwise, you can add to the short targeting TP1 at 0.01837.
- Why now? After the oversold condition, the rebound lacks strength—this is the add-to-short timing.
Discussion:
Will this SHORT wave go straight to TP2 0.01469, or first pull back to lure longs before dropping?