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ESports to be wiped out? Bears with a 95% win rate are targeting ESPORTS
$ESPORTS /USDT - short SHORT
Trading plan:
Entry: 0.0187 – 0.0221
SL: 0.0363
TP1: 0.0085
TP2: 0.0005
TP3: 0.0000
Why focus on this structure?
- 4-hour EMA bearish alignment is in place, and the daily trend is clearly bearish
- RSI (15 minutes) at 27.2: oversold but not bouncing yet, suggesting selling pressure is still there
- Based on ATR volatility, the current price around 0.0204 is precisely the short-entry window; TP1 at 0.0085 only needs a 58% drop
Discussion:
Do you think this move will directly plunge to TP2 at 0.0005 to zero out, or will it first bounce to lure longs before getting crushed?