$APR /USDT just rejected 0.2000 with RSI at 42.5 – most traders still expect a bounce. They are wrong.
$APR - 🟢 SHORT · Conf 76%
Trade Plan:
Entry: 0.1996751 – 0.2003249
SL: 0.2102172
TP1: 0.1923371
TP2: 0.1872285
TP3: 0.1795656
Why this setup?
- The 4h trend is DOWN, and the 1D range top is holding as resistance. This is not a dip to buy; it is a breakdown in progress.
- RSI on 15m at 42.5 shows no oversold condition, meaning there is plenty of room for the sell-off to extend before any real bounce.
- Why now? Price is at the exact entry reference of 0.2000 with a tight SL at 0.2102. The risk-to-reward is skewed 1:2.5 toward the first target at 0.1923.
- This is a trend-following setup, so the path of least resistance is lower. The daily range gives no support until 0.1872 (TP2).
- Do not confuse this with a counter-trend bet. This is with the 4h momentum, but the daily is rangebound, so do not expect a straight line down.
Debate:
Is 0.1923 just the appetizer, or will we see a full flush to 0.1872 before the weekend?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
$APR - 🟢 SHORT · Conf 76%
Trade Plan:
Entry: 0.1996751 – 0.2003249
SL: 0.2102172
TP1: 0.1923371
TP2: 0.1872285
TP3: 0.1795656
Why this setup?
- The 4h trend is DOWN, and the 1D range top is holding as resistance. This is not a dip to buy; it is a breakdown in progress.
- RSI on 15m at 42.5 shows no oversold condition, meaning there is plenty of room for the sell-off to extend before any real bounce.
- Why now? Price is at the exact entry reference of 0.2000 with a tight SL at 0.2102. The risk-to-reward is skewed 1:2.5 toward the first target at 0.1923.
- This is a trend-following setup, so the path of least resistance is lower. The daily range gives no support until 0.1872 (TP2).
- Do not confuse this with a counter-trend bet. This is with the 4h momentum, but the daily is rangebound, so do not expect a straight line down.
Debate:
Is 0.1923 just the appetizer, or will we see a full flush to 0.1872 before the weekend?
Click here to view the chart 👇️
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
