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Everyone’s bearish on ETH—but the 4h tape just flashed a long signal with 84% confidence.
$ETH /USDT - LONG
Trade Plan:
Entry: 1582.47 – 1598.57
SL: 1490.06
TP1: 1665.86
TP2: 1716.09
TP3: 1791.43
Why this setup?
• RSI on 15m sits at 49 (neutral, not overbought), giving room to run.
• Entry zone between 1582–1598 is a high-probability liquidity grab before a push.
• TP1 at 1665 is only 4.7% away—tight risk, asymmetric reward.
Debate:
Are you fading the daily downtrend for this 4h bounce, or waiting for a lower entry?