🔴 $ESPORTS USDT · Bias: Short
Price is below EMA50 and EMA200 on the daily chart, so the trend is bearish.
Entry: 0.0109600 – 0.0110760
Take-profit 1: 0.0099305 (-9.9%)
Take-profit 2: 0.0092055 (-16.5%)
Take-profit 3: 0.0081180 (-26.3%)
Stop-loss: 0.0124680 (+13.2%)
Note: Confidence is only moderate; please keep your position size small.
Reason: The daily trend shows that the price is below EMA50 and EMA200, indicating an overall bearish trend.
Plan: Close 50% at TP1, 25% at TP2, and 25% at TP3; move the stop-loss to the entry price after TP1.