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Most traders are staring at the daily bleed while ignoring the structural floor forming right under their noses .
$ETH - LONG
Trade Plan:
Entry: 1655.4500 - 1657.1100
SL: 1603.4400
TP1: 1667.9600
TP2: 1705.5000
TP3: 1747.8000
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.2400 (room to run). ATR 1h is 4.1250—tight squeeze priming for a breakout. Entry zone: 1655.4500 - 1657.1100. First target 1667.9600.
Debate:
Is this the quiet before the breakout to retest the MA(99), or is the consolidation just a trap set for early bulls?
$ETH