Many traders are calling $ESPORTS /USDT a dead cat bounce, but I’m seeing a different picture based on the current technical setup.
$ESPORTS – LONG
Trade Plan
📍 Entry: 0.0539709 – 0.0560091
🛑 SL: 0.0354632
🎯 TP1: 0.0696351
🎯 TP2: 0.0793984
🎯 TP3: 0.0940435
Why I'm watching this setup:
• The 1D trend is still bearish, but the 4H chart is starting to shift.
• The 15m RSI at 59.94 suggests momentum is building.
• The preferred entry is around 0.05499, while the 1H ATR of 0.0054 keeps the risk relatively controlled compared to the potential move toward TP3 at 0.0940435.
• The 92.25 confidence score and 4.8 edge indicate that bearish pressure may be weakening, making this an interesting level to watch.
This is only my personal market view based on the current chart structure, not financial advice. Always manage your risk and do your own research.
#esports #ESPORTSUSDT
What's your view on this? Bullish or bearish?
$ESPORTS – LONG
Trade Plan
📍 Entry: 0.0539709 – 0.0560091
🛑 SL: 0.0354632
🎯 TP1: 0.0696351
🎯 TP2: 0.0793984
🎯 TP3: 0.0940435
Why I'm watching this setup:
• The 1D trend is still bearish, but the 4H chart is starting to shift.
• The 15m RSI at 59.94 suggests momentum is building.
• The preferred entry is around 0.05499, while the 1H ATR of 0.0054 keeps the risk relatively controlled compared to the potential move toward TP3 at 0.0940435.
• The 92.25 confidence score and 4.8 edge indicate that bearish pressure may be weakening, making this an interesting level to watch.
This is only my personal market view based on the current chart structure, not financial advice. Always manage your risk and do your own research.
#esports #ESPORTSUSDT
What's your view on this? Bullish or bearish?