ETH bears just got a 95% confidence signal—retail is still buying the 4h bounce.



$ETH /USDT - SHORT

Trade Plan:
Entry: 1687.49 – 1697.83
SL: 1742.24
TP1: 1655.47
TP2: 1630.68
TP3: 1593.49

Why this setup?
• 1D trend is bearish; this isn’t a dip to buy, it’s a dead cat.
• RSI on 15m at 56.78 shows temporary strength, but ATR on 1h is 20.66—volatility confirms breakdown risk.
• Entry zone 1687–1697 lines up perfectly with the 4h resistance. TP2 at 1630 is only a 3.7% drop away.

Debate:
Do you think ETH can reclaim 1700 before hitting 1630, or is this the trap before the flush?
ETH2.79%
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