ESPORTS is looking pretty suspect right now, just broke market structure and volume's confirming the direction. We've got a potential short setup unfolding here.
🔴 $ESPORTS SHORT 📉
Entry $0.017443-$0.017477 | SL $0.017984 (-3.0%) | TP1 $0.017198 (+1.5%) | TP2 $0.016587 (+5.0%) | R/R 1:1.7 | Conf 64%
Signals are firing on all cylinders - CHoCH just triggered, CVD's confirming the volume's behind it, and we've got a nice FVG with an OB sitting right on top of it. The POI confluence is the cherry on top, making this a pretty compelling short setup. Structure's looking weak, so it's a good time to get in.
3.0% SL feels about right, not too tight, not too wide, and with 2x leverage we should be able to ride this out without getting stopped out prematurely.
If we hit TP1, I'm taking some off the table, don't want to get greedy and let a winner turn into a loser, so partial profit's the way to go
As always: manage your risk, this is not financial advice 🙏
$ESPORTS #ESPORTSUSDT #SMC #TradingSignals #Write2Earn
🔴 $ESPORTS SHORT 📉
Entry $0.017443-$0.017477 | SL $0.017984 (-3.0%) | TP1 $0.017198 (+1.5%) | TP2 $0.016587 (+5.0%) | R/R 1:1.7 | Conf 64%
Signals are firing on all cylinders - CHoCH just triggered, CVD's confirming the volume's behind it, and we've got a nice FVG with an OB sitting right on top of it. The POI confluence is the cherry on top, making this a pretty compelling short setup. Structure's looking weak, so it's a good time to get in.
3.0% SL feels about right, not too tight, not too wide, and with 2x leverage we should be able to ride this out without getting stopped out prematurely.
If we hit TP1, I'm taking some off the table, don't want to get greedy and let a winner turn into a loser, so partial profit's the way to go
As always: manage your risk, this is not financial advice 🙏
$ESPORTS #ESPORTSUSDT #SMC #TradingSignals #Write2Earn