đ Short Setup on $ESPORTS (10x Leverage)
A lot of traders are buying the dip on $ESPORTS, but I'm taking the opposite view. The rejection zone is still holding, so I'm looking for a potential move lower.
Trade Plan đ Entry: $0.00002430 â $0.00002490
TP1: $0.00002350
TP2: $0.00002280
TP3: $0.00002175
SL: $0.00002550
Why I'm bearish: âą The 4H trend is still bearish, and the daily chart continues to favour downside after rejection from the 0.02633â0.02657 resistance zone.
âą The 15m RSI is around 43, leaving room for further downside without being oversold.
âą Selling pressure remains healthy, suggesting this rejection is backed by real volume rather than a fake breakout.
This is my trade ideaânot financial advice. Always manage your risk and never risk more than you're comfortable losing.
đŹ What's your move? Would you short this rejection now, or wait for another retest of the resistance zone?
$AKE
$B2
#esports#Binance #BinanceSquare
A lot of traders are buying the dip on $ESPORTS, but I'm taking the opposite view. The rejection zone is still holding, so I'm looking for a potential move lower.
Trade Plan đ Entry: $0.00002430 â $0.00002490
TP1: $0.00002350
TP2: $0.00002280
TP3: $0.00002175
SL: $0.00002550
Why I'm bearish: âą The 4H trend is still bearish, and the daily chart continues to favour downside after rejection from the 0.02633â0.02657 resistance zone.
âą The 15m RSI is around 43, leaving room for further downside without being oversold.
âą Selling pressure remains healthy, suggesting this rejection is backed by real volume rather than a fake breakout.
This is my trade ideaânot financial advice. Always manage your risk and never risk more than you're comfortable losing.
đŹ What's your move? Would you short this rejection now, or wait for another retest of the resistance zone?
$AKE
$B2
#esports#Binance #BinanceSquare
