$ESPORTS Short 50x – Rejection zone is live.
ESPORTS is declining from the 0.33193–0.33587 zone, so I just opened a Short 50x Isolated position.
Trade Plan:
- Entry: 0.33193 – 0.33587
- TP1: 0.32210 (R:R 1:1.0)
- TP2: 0.31817 (R:R 1:1.3)
- TP3: 0.31030 (R:R 1:2.0)
- SL: 0.34570
Why this setup?
- The 4h short structure remains intact, while the daily backdrop stays range-bound and price continues reacting from 0.33193–0.33587 near 0.33390.
- The 15m RSI is at 49, indicating neutral momentum that still allows for further downside.
- The 15m volume prints 0.37x, with 12.31K traded versus 33.36K expected, confirming real sell-side activity.