Everyone is still chasing the daily uptrend while the 1h paints a different story.
$USELESS /USDT - 🟢 SHORT · Conf 87%
Trade Plan:
Entry: 0.2593918 – 0.2641482
SL: 0.3314896
TP1: 0.2094803
TP2: 0.1746205
TP3: 0.1223307
Why this setup?
Why now? The daily trend remains bullish, but the 1h price is already at the entry reference of 0.2617700, and the 15m RSI sits at 27.02, showing the short-term momentum is severely exhausted. The 1h ATR of 0.019362 tells us the average hourly move is large enough that a breakdown from the entry zone between 0.2593918 and 0.2641482 can quickly sweep liquidity. The target TP1 is 0.2094803, with a further objective at TP2 of 0.1746205, but the trade is invalidated if price recovers above 0.2318450, which is the line in the sand protecting this setup.
Debate:
Are you willing to hold this short all the way to TP2, or will the bullish daily trend force you out first?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
$USELESS /USDT - 🟢 SHORT · Conf 87%
Trade Plan:
Entry: 0.2593918 – 0.2641482
SL: 0.3314896
TP1: 0.2094803
TP2: 0.1746205
TP3: 0.1223307
Why this setup?
Why now? The daily trend remains bullish, but the 1h price is already at the entry reference of 0.2617700, and the 15m RSI sits at 27.02, showing the short-term momentum is severely exhausted. The 1h ATR of 0.019362 tells us the average hourly move is large enough that a breakdown from the entry zone between 0.2593918 and 0.2641482 can quickly sweep liquidity. The target TP1 is 0.2094803, with a further objective at TP2 of 0.1746205, but the trade is invalidated if price recovers above 0.2318450, which is the line in the sand protecting this setup.
Debate:
Are you willing to hold this short all the way to TP2, or will the bullish daily trend force you out first?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
