$PROM /USDT — 🟢 SHORT
The 15m RSI just dropped to 27.83, which could mean a short-term bounce is coming. But the bigger picture still looks bearish: the 4h trend is SHORT with 75% confidence, and the 1D range is acting more like resistance than support.
Trade Plan
* Entry: 2.2075 – 2.2205
* Stop Loss: 2.3832
* TP1: 2.0871
* TP2: 2.0025
* TP3: 1.8757
Why this setup?
The 15m RSI is oversold, so a bounce is possible. But when the overall trend is bearish, those bounces can offer opportunities to enter shorts rather than buy the dip.
At the current entry around 2.2140, TP2 at 2.0025 would mean roughly a 9.5% move lower if the bearish momentum continues.
⚠️ Important: There’s still no confirmation yet (confirm_count = 0). A safer approach is to wait for a 4h candle to close below 2.2075 before adding size.
The SL at 2.3832 is relatively wide (~7.6%), so keep position size conservative and consider managing the trade more actively after TP1.
The question:
Are you fading the 15m RSI bounce and targeting TP2 at 2.0025, or waiting for the 4h close below 2.2075 for confirmation?
👇 Trade with caution and manage your risk.
The 15m RSI just dropped to 27.83, which could mean a short-term bounce is coming. But the bigger picture still looks bearish: the 4h trend is SHORT with 75% confidence, and the 1D range is acting more like resistance than support.
Trade Plan
* Entry: 2.2075 – 2.2205
* Stop Loss: 2.3832
* TP1: 2.0871
* TP2: 2.0025
* TP3: 1.8757
Why this setup?
The 15m RSI is oversold, so a bounce is possible. But when the overall trend is bearish, those bounces can offer opportunities to enter shorts rather than buy the dip.
At the current entry around 2.2140, TP2 at 2.0025 would mean roughly a 9.5% move lower if the bearish momentum continues.
⚠️ Important: There’s still no confirmation yet (confirm_count = 0). A safer approach is to wait for a 4h candle to close below 2.2075 before adding size.
The SL at 2.3832 is relatively wide (~7.6%), so keep position size conservative and consider managing the trade more actively after TP1.
The question:
Are you fading the 15m RSI bounce and targeting TP2 at 2.0025, or waiting for the 4h close below 2.2075 for confirmation?
👇 Trade with caution and manage your risk.