XAUT longs are being choked off at 4017—are the shorts gathering momentum for a move?



$XAUT /USDT - Short SHORT

Trading plan:
Entry: 4015.4 – 4019.0
SL: 4034.5
TP1: 4004.2
TP2: 3995.5
TP3: 3982.5

Why focus on this setup?
• On the 4-hour timeframe, the trend is clearly bearish; RSI on the 15-minute timeframe is neutral-to-weak, and the EMA moving averages are suppressing price.
• The current price at 4017 is right in the short entry zone: TP1 at 4004, TP2 at 3995; stop loss at 4034—reward-to-risk is over 2:1.
• A 95% high-confidence signal—wait for it to trigger; don’t chase shorts now.

Discussion:
In this move, will XAUT hit TP2 first and then bounce, or will it bait longs to lure long positions and sweep stop losses directly?
XAUT1.62%
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