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$ESPORTS (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 0.4620 - 0.4740
Targets:
TP1: 0.4460
TP2: 0.4220
TP3: 0.3980
Stop Loss: 0.4990
Why this Setup:
I see price stalling after a sharp impulse into the highs, and the recent candles are showing weaker follow-through with buyers struggling to extend the move. I want to fade the rally into resistance and look for a retracement back toward the prior breakout and support areas. #CryptoMarketSeesVolatility