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Everyone’s still buying ETH—but the 4h chart just screamed “SHORT” at 95% confidence.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1705.31 – 1714.79
SL: 1755.53
TP1: 1675.94
TP2: 1653.20
TP3: 1619.08
Why this setup?
• 1D trend is bearish, and RSI on 15m is already at 67.6—overbought in a downtrend.• Entry zone: 1710. TP1 at 1675, TP2 at 1653. That’s a 3%+ drop from here.• ATR on 1h is 18.9—volatility is alive, but momentum is stalling.
Debate:
Are you trusting the 95% short signal, or fading it for a dead cat bounce?