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ETH longs are celebrating at 2279, but the 4h structure just flashed a reversal signal.
$ETH /USDT - SHORT
Trade Plan:
Entry: 2277.65 – 2280.49
SL: 2292.71
TP1: 2268.84
TP2: 2262.02
TP3: 2251.79
Why this setup?
RSI on 15m sits at 50.79—neutral, not exhausted. With ATR at 12.7, this $ETH short entry targets TP1 at 2268.84 and TP2 at 2262.02. Range-bound trend on 1D means momentum favors mean reversion, not breakout.
Debate:
If we lose 2262, does the 4h range collapse to 2251 or just fake out?
$ETH #GateSquareMayTradingShare