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While the retail crowd panics over the recent bleed, the smart money is already sharpening their knives for the reversal.
$ETH - LONG
Trade Plan:
Entry: 1605.5500
SL: 1588.9000
TP1: 1635.4500
TP2: 1660.1000
TP3: 1715.7500
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.2500 (room to run). ATR 1h is 4.8500—tight squeeze priming for a breakout. Entry zone: 1605.5500.
Debate:
Is this the classic capitulation wick before a V-shape recovery, or are we just finding new support for a deeper drop?
$ETH