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Everyone is bearish on ETH, but ETH just flashed a 4h setup with 84% confidence.
$ETH /USDT - LONG
Trade Plan:
Entry: 1850.84 – 1862.10
SL: 1786.20
TP1: 1909.17
TP2: 1944.30
TP3: 1997.00
Why this setup?
• Trend is bearish on 1D, but 4h timeframe shows a reversal setup at 1856.47 — the exact level where buyers stepped in before.
• RSI on 15m is 40.36 — oversold bounce territory, not a breakdown.
• ATR at 22.5 means volatility is low — breakouts from here are explosive.
• Why now? Price is sitting at a confluent support zone with a high-confidence long signal waiting for confirmation.
Debate:
Are you fading this 84% long or waiting for a lower retest?