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Everyone is buying the ETH dip—but the 4h chart just flashed a 95% SHORT signal.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1669.34 – 1680.22
SL: 1726.96
TP1: 1635.65
TP2: 1609.56
TP3: 1570.42
Why this setup?
• ETH is still trapped under bearish 1D trend, with RSI on 15m at 63 (overbought in a downtrend).
• Entry zone at 1,674.78 with tight SL at 1,726.96—risk is defined, reward at TP2 (1,609.56) is 3.8:1.
• Why now? ATR on 1h is 21.74, meaning volatility is low enough to avoid fakeouts, but the 4h MTF is screaming for a breakdown.
Debate:
Are you shorting the bounce or buying the “dip” into a potential liquidity grab?