Everyone’s still buying ETH at 1,630—what if the real trap is already set?



$ETH /USDT - SHORT

Trade Plan:
Entry: 1625.37 – 1633.71
SL: 1669.59
TP1: 1599.50
TP2: 1579.48
TP3: 1549.45

Why this setup?
• 4H chart screams SHORT with 95% confidence—bearish trend confirmed on the 1D timeframe.
• RSI on 15M sits at 42.62, momentum fading into oversold territory, but no reversal signal yet.
• Entry at 1,629.54 with TP1 at 1,599.50—tight risk-to-reward, but the ATR of 16.68 on 1H suggests volatility is compressing, not exploding.
• Why now? The 1D trend is bearish, and the 4H structure is armed—waiting for a breakdown below 1,625.37 to accelerate.

Debate:
If the price rejects 1,633 again, are you shorting the breakdown or waiting for a retest of 1,599?
ETH-3.61%
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