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Everyone is buying the ETH dip, but the 4h data is screaming SHORT at 95% confidence.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1654.15 – 1665.15
SL: 1712.41
TP1: 1620.08
TP2: 1593.69
TP3: 1554.12
Why this setup?
- RSI on 15m is 41.4 — still room to drop before oversold.
- 1D trend is bearish, and ATR on 1h is 21.98 — volatility supports a fast move down.
- Entry at 1659.65, TP2 at 1593.69 — that’s a 4% slide in a bearish structure.
- Why now? The 4h confirmation is armed, and the market hasn’t priced in the rejection at 1665 resistance.
Debate:
Are you shorting ETH below 1660 or waiting for a fakeout pump first?