Most traders are buying the dip on ETH — but the 4h structure just confirmed a SHORT trap.



$ETH /USDT - SHORT

Trade Plan:
Entry: 1715.87 – 1721.09
SL: 1751.01
TP1: 1694.08
TP2: 1677.82
TP3: 1653.43

Why this setup?
• 1D trend is bearish, and RSI on 15m is only 53 — no momentum for a breakout.
• Entry at 1718 with TP2 at 1677 gives a 2.4% drop, while SL at 1751 caps risk cleanly.
• Why now? The waiting status means the setup is still alive — invalid only below 1701.

Debate:
Are you shorting ETH into 1677 or do you think this is a fakeout before a pump?
ETH3.05%
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GateUser-08488beb
· 2h ago
Really
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