USELESS looks weaker than the broader market right now.
🔴 SHORT $USELESS /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.1564762 – 0.1575438
TP1: 0.1471399 (-6.3%)
TP2: 0.1405599 (-10.5%)
TP3: 0.1306898 (-16.8%)
SL: 0.1701701 (+8.4%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 4/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 26.1)
• Sellers have the momentum (1h RSI 41.7)
Risk: Stronger than BTC (+1.88% 24h vs BTC)
USELESS in 4 points:
1. the daily trend is a range, so this short trades a break from it.
2. the 4h trend shows price below stacked EMAs, confirming the swing is down.
3. the 1h RSI sits at 41.7, meaning sellers still hold the momentum.
4. the 1h price is 0.1570100, so I would not hold if it reclaimed that level.
Where would you place your invalidation for this USELESS trade?
🔴 SHORT $USELESS /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 0.1564762 – 0.1575438
TP1: 0.1471399 (-6.3%)
TP2: 0.1405599 (-10.5%)
TP3: 0.1306898 (-16.8%)
SL: 0.1701701 (+8.4%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 4/12 signals agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 26.1)
• Sellers have the momentum (1h RSI 41.7)
Risk: Stronger than BTC (+1.88% 24h vs BTC)
USELESS in 4 points:
1. the daily trend is a range, so this short trades a break from it.
2. the 4h trend shows price below stacked EMAs, confirming the swing is down.
3. the 1h RSI sits at 41.7, meaning sellers still hold the momentum.
4. the 1h price is 0.1570100, so I would not hold if it reclaimed that level.
Where would you place your invalidation for this USELESS trade?
