Everyone’s still buying ETH at 1670—but the 4h chart just confirmed the trap is already set.



$ETH /USDT - SHORT

Trade Plan:
Entry: 1666.29 – 1675.07
SL: 1712.85
TP1: 1639.05
TP2: 1617.96
TP3: 1586.34

Why this setup?
Why now? RSI 15m at 42.24 is still mid-range, no panic yet. 1D trend is bearish, and ATR 1h at 17.5 means volatility is tight—breakouts fail fast. Current entry 1670.68 with TP1 at 1639 is only 1.9% away, but the real move is TP3 at 1586. That’s a 5% drop waiting for late longs.

Debate:
Are you scaling into shorts now, or waiting for a retest of 1675 to add size?
ETH-0.42%
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