They're quietly positioning for a $IP /USDT breakdown as RSI hints at exhaustion.
$IP - SHORT
Trade Plan:
Entry: 1.440279 – 1.467179
SL: 1.534431
TP1: 1.373028
TP2: 1.346127
TP3: 1.292326
Why this setup?
4H chart is armed for a short. Daily trend is bearish, and the 15m RSI is oversold at 36.9, suggesting weak bounces. Entry zone is 1.4403 - 1.4672, targeting TP1 at 1.3730.
Debate:
Is this oversold RSI a bear trap or the calm before the next leg down?
Trade here 👇