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Nobody’s talking about the ETH liquidity trap forming right now.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1746.72 – 1758.44
SL: 1808.81
TP1: 1710.41
TP2: 1682.30
TP3: 1640.13
Why this setup?
4H SHORT signal armed at 95% confidence. RSI on 15m is 40.49—momentum already weak. Daily trend is bearish, and ATR on 1h is 23.4, so moves are sharp. Entry at 1752.58 targets 1710 then 1682. Why wait for the dump to start?
Debate:
Is this the last stop before 1640, or will bulls fake a breakout first?