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Everyone’s still bullish on ETH — but a 95% confidence short just armed.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1661.16 – 1667.56
SL: 1695.09
TP1: 1641.32
TP2: 1625.95
TP3: 1602.91
Why this setup?
4H timeframe confirms bearish trend. RSI on 15m sits at 45.22 — no oversold bounce in sight. ATR on 1h is tight at 12.80, meaning breakout imminent. Entry at 1664.36 with TP1 at 1641.32 if momentum continues. Why now? The daily trend is still bearish and confidence is near max — this isn’t a scalp, it’s a structure breakdown.
Debate:
Are we fading this short to TP3 or getting wrecked at 1695 SL?