🔴 $ESPORTS /USDT | Direction: Bearish (SHORT)
The daily trend for $ESPORTS shows clear bearish signals, while momentum on the 4-hour timeframe is gradually weakening. 📉
📍 Entry Zone:
0.0097672 – 0.0098528
🎯 Targets (Take Profit):
TP1: 0.0090044 (-8.2%)
TP2: 0.0084673 (-13.7%)
TP3: 0.0076617 (-21.9%)
🛑 Stop Loss:
0.0108841 (+10.9%)
📊 Reasons for the bearish outlook:
The price is trading below the EMA50 and EMA200 on the daily timeframe.
The moving averages show a bearish alignment.
Momentum on the 4-hour timeframe is weakening, supporting the possibility of continued selling pressure.
📌 Trade Management Plan:
Close 50% of the position at TP1.
Close 25% at TP2.
Close the remaining 25% at TP3.
Move the stop loss to the entry point after reaching TP1.
⚠️ Note: Confidence in this trade is only moderate, so using a small position size and adhering to risk management is recommended.
Where are you planning to enter a short position on $ESPORTS ? 👀
ESPORTSUSDT
Perpetual
0.009842
-6.6%
📲 To follow my latest trading signals, join my community via the link:
DYOR | NFA �
The daily trend for $ESPORTS shows clear bearish signals, while momentum on the 4-hour timeframe is gradually weakening. 📉
📍 Entry Zone:
0.0097672 – 0.0098528
🎯 Targets (Take Profit):
TP1: 0.0090044 (-8.2%)
TP2: 0.0084673 (-13.7%)
TP3: 0.0076617 (-21.9%)
🛑 Stop Loss:
0.0108841 (+10.9%)
📊 Reasons for the bearish outlook:
The price is trading below the EMA50 and EMA200 on the daily timeframe.
The moving averages show a bearish alignment.
Momentum on the 4-hour timeframe is weakening, supporting the possibility of continued selling pressure.
📌 Trade Management Plan:
Close 50% of the position at TP1.
Close 25% at TP2.
Close the remaining 25% at TP3.
Move the stop loss to the entry point after reaching TP1.
⚠️ Note: Confidence in this trade is only moderate, so using a small position size and adhering to risk management is recommended.
Where are you planning to enter a short position on $ESPORTS ? 👀
ESPORTSUSDT
Perpetual
0.009842
-6.6%
📲 To follow my latest trading signals, join my community via the link:
DYOR | NFA �
