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هابطZAMA's chart is hiding a trap most traders won't see coming.
$ZAMA /USDT - SHORT
Trade Plan:
Entry: 0.03097 – 0.032146
SL: 0.035086
TP1: 0.02803
TP2: 0.026854
TP3: 0.024502
Why this setup?
4H setup is ARMED for a short. RSI on the 15m is oversold at 31.44, hinting at a potential dead cat bounce into the entry zone (0.03097 - 0.032146) before a move lower. The 1D trend is range-bound, favoring a rejection from the top.
Debate:
Is this oversold RSI a fakeout before the real drop to TP1 at 0.02803?
Trade here 👇
$ZAMA /USDT - SHORT
Trade Plan:
Entry: 0.03097 – 0.032146
SL: 0.035086
TP1: 0.02803
TP2: 0.026854
TP3: 0.024502
Why this setup?
4H setup is ARMED for a short. RSI on the 15m is oversold at 31.44, hinting at a potential dead cat bounce into the entry zone (0.03097 - 0.032146) before a move lower. The 1D trend is range-bound, favoring a rejection from the top.
Debate:
Is this oversold RSI a fakeout before the real drop to TP1 at 0.02803?
Trade here 👇
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