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Forget the hype—ETH is about to show you why 95% of retail longs get washed out.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1621.23 – 1630.25
SL: 1669.07
TP1: 1593.24
TP2: 1571.58
TP3: 1539.09
Why this setup?
4H timeframe just confirmed a 95% confidence short signal. Daily trend is bearish. RSI on 15m is 57.82—not oversold, still room to drop. Entry zone: 1625.74. Targets: 1593 (TP1), 1571 (TP2). ATR of 18 on 1h means volatility is alive. Why now? Because the bounce is already fading into resistance.
Debate:
Are you scaling into shorts here, or waiting for a retest of 1630 to trap the late bulls?