🚨 $ESPORTS /USDT Short Setup
A strong bearish signal just appeared on $ESPORTS, and it’s one of those moments where traders either hesitate or take action.
📉 Trade Plan
• Entry: 0.08329 – 0.08497
• Stop Loss: 0.09627
• TP1: 0.07503
• TP2: 0.06896
• TP3: 0.05985
Why I'm watching this setup:
• The 4H chart is still aligned with the broader daily downtrend.
• RSI on the 15-minute timeframe sits around 57, suggesting there’s still room for sellers to push price lower.
• The ideal entry zone is around 0.08413, offering potential downside targets of roughly 11% at TP1 and 18% at TP2.
• ATR on the 1H chart is 0.0081, showing enough volatility for a sharp move if support breaks.
Right now, price is hovering near resistance and momentum appears to be slowing. If sellers step in, this could turn into a quick breakdown.
What’s your approach here?
Are you waiting for a relief bounce to get a better short entry, or are you taking the trade as soon as the first strong red candle confirms weakness?
#ESPORTS $ESPORTS