To be honest, the term “accumulating” sounds tempting, but on this chart it feels more like a trap. $ESPORTS The four-hour structure has already been weakening for a while, and the daily trend is also made up of a slow, downward drift. That RSI on the 15-minute timeframe jumping to 70 basically means it’s just a breath during a down move—hanging buyers in to lure them into getting filled. I prefer to look for short entry points within this rebound; the risk-to-reward is clearer, and the path downward is much smoother than the path upward.
The more lively the rebound is, the more you need to be careful—it’s often the last push to break free. Once this burst of momentum runs out, the focus will most likely keep pressing down.
🔴 Trading direction: Short
📍 Entry zone: 0.0191433 – 0.0193116
🛑 Stop loss: 0.0226497
🎯 Take profit 1: 0.0166607
🎯 Take profit 2: 0.0149496
🎯 Take profit 3: 0.0123829
Gaze at the vastness of the mountains; observe the subtlety of the market.
Travel with Uncle Xiong, and see gains and losses under the sky.
#ESPORTS
Click below to trade 👇
The more lively the rebound is, the more you need to be careful—it’s often the last push to break free. Once this burst of momentum runs out, the focus will most likely keep pressing down.
🔴 Trading direction: Short
📍 Entry zone: 0.0191433 – 0.0193116
🛑 Stop loss: 0.0226497
🎯 Take profit 1: 0.0166607
🎯 Take profit 2: 0.0149496
🎯 Take profit 3: 0.0123829
Gaze at the vastness of the mountains; observe the subtlety of the market.
Travel with Uncle Xiong, and see gains and losses under the sky.
#ESPORTS
Click below to trade 👇