🎯#esports USDT - $0.0417, -17.10%
#TAO USDT - $275.22, -0.52%
#sol USDC - $83.48, -0.68%
High volume on all 3: 236-256M. Strong drop in ESPORTS, slight sideways/bearish in TAO and SOL.
Entry plan
$ESPORTS USDT - Only short on a bounce
• Entry: 0.0425-0.0430 if it bounces to the downside
• SL: 0.0435
• TP1: 0.0410
• TP2: 0.0395
• RR: 1.8:1 / 4:1
• Long makes no sense. Total bearish structure and -93% in 7 days. Just play the bounce to get out.
$TAO USDT - Range 270-277
• Short: 276-277 if it rejects resistance, SL 278, TP 272
• Long: 271-272 if it respects support, SL 270, TP 275
• RR: 2:1 / 1.5:1
• Wait for confirmation. Don't enter in the middle of the range.
$SOL USDC - Wait for a breakout at 83.0
• Short: If it loses 83.0 with a 15min candlestick closing below, entry 82.9, SL 83.4, TP 81.8
• RR: 2.2:1
• Long: Only if it bounces strongly at 83.0 with volume. No signal right now.#Binance
#TAO USDT - $275.22, -0.52%
#sol USDC - $83.48, -0.68%
High volume on all 3: 236-256M. Strong drop in ESPORTS, slight sideways/bearish in TAO and SOL.
Entry plan
$ESPORTS USDT - Only short on a bounce
• Entry: 0.0425-0.0430 if it bounces to the downside
• SL: 0.0435
• TP1: 0.0410
• TP2: 0.0395
• RR: 1.8:1 / 4:1
• Long makes no sense. Total bearish structure and -93% in 7 days. Just play the bounce to get out.
$TAO USDT - Range 270-277
• Short: 276-277 if it rejects resistance, SL 278, TP 272
• Long: 271-272 if it respects support, SL 270, TP 275
• RR: 2:1 / 1.5:1
• Wait for confirmation. Don't enter in the middle of the range.
$SOL USDC - Wait for a breakout at 83.0
• Short: If it loses 83.0 with a 15min candlestick closing below, entry 82.9, SL 83.4, TP 81.8
• RR: 2.2:1
• Long: Only if it bounces strongly at 83.0 with volume. No signal right now.#Binance