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Everyone is sleeping on $ETH while screaming "bear market," but this tight compression is exactly where late shorters get absolutely obliterated.
$ETH - LONG
Trade Plan:
Entry: 1991.47781 – 1995.07957
SL: 1970.80377
TP1: 2010.13488
TP2: 2021.37234
TP3: 2038.22853
Why this setup?
84% confidence on a 1D macro trap setup. RSI 15m at 49.02 (room to run). ATR 1h is 16.90000—tight squeeze priming for a breakout. Entry zone: 1991.47781 – 1995.07957. First target 2010.13488.
Debate:
Are we catching a dead cat bounce here, or is this the actual reversal before the daily trend turns?
$ETH