The window is still open, so take a calm look at ESPORTSUSDT’s chart and you’ll see—on the 1-hour chart, the price has stayed below several downward-sloping moving averages, and each bounce has been weaker than the last. The last thing we want as traders is to force a trade against this kind of trend. The daily chart is bearish too, and I feel much more confident when the trend aligns across timeframes. Until price reclaims that dense cluster of moving averages overhead, I’d rather treat any bounce as a pause before another drop.
Volume hasn’t offered much confidence in a reversal either. A bounce on declining volume shows that buyers can’t sustain the move. In times like these, following the prevailing weakness is far more reliable than trying to call a bottom. What do you think?
🔴 Trade direction: Short
📍 Entry range: 0.0089980 – 0.0090394
🛑 Stop loss: 0.0095106
🎯 Take profit 1: 0.0086498
🎯 Take profit 2: 0.0084040
🎯 Take profit 3: 0.0080350
There’s no need to chase the trend—the right moment will come to you.
Stand alongside Sister Li, and make every moment count.
#ESPORTS
Click below to trade 👇
Volume hasn’t offered much confidence in a reversal either. A bounce on declining volume shows that buyers can’t sustain the move. In times like these, following the prevailing weakness is far more reliable than trying to call a bottom. What do you think?
🔴 Trade direction: Short
📍 Entry range: 0.0089980 – 0.0090394
🛑 Stop loss: 0.0095106
🎯 Take profit 1: 0.0086498
🎯 Take profit 2: 0.0084040
🎯 Take profit 3: 0.0080350
There’s no need to chase the trend—the right moment will come to you.
Stand alongside Sister Li, and make every moment count.
#ESPORTS
Click below to trade 👇