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You’re not shorting ETH yet? The 1D trend just confirmed the exact trap most bulls ignore.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1620.42 – 1629.42
SL: 1668.12
TP1: 1592.52
TP2: 1570.93
TP3: 1538.53
Why this setup?
Why now? 4h MTF prints bearish with 95% confidence. RSI on 15m is neutral at 51.7, giving room to drop before any reversal. Entry at 1624.92 with TP1 at 1592.52—that’s a clean 2% move with ATR support at 18. The 1D bearish trend is your edge, not your enemy.
Debate:
Is this the fakeout before a real dump, or are we watching a dead cat bounce get slaughtered?