$HOME /USDT’s rebound—bottom-picking signal or a bull trap?



$HOME /USDT - Going SHORT

Trading plan:
Entry: 0.00765 – 0.00779
SL: 0.00841
TP1: 0.00720
TP2: 0.00686
TP3: 0.00634

Why focus on this setup?
With 95% confidence, the SHORT signal has been activated. The bearish trend on the 4H timeframe remains unchanged. The 15M RSI at 69.11 is nearing overbought, and rebound momentum may be running out. Current 0.00772 is an ideal entry point. TP1 at 0.00720 is near-term support; if it breaks, the selloff accelerates. Why now? Because high RSI aligned with a bearish trend means the rebound is an opportunity to add to the short.

Discussion:
For this short, will it reach TP2 0.00686 first, or will it get a bull trap spike up to 0.00841 to stop out?
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