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Most traders are buying ETH right now—and that’s exactly why I’m shorting it.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1827 – 1835
SL: 1881
TP1: 1793
TP2: 1768
TP3: 1730
Why this setup?
4H timeframe shows a bearish bias with 80% confidence. RSI on 15M is at 67.56—overbought on a short-term squeeze. Daily trend is clearly bearish. Entry at 1831 with a tight stop at 1881 gives a 3:1 risk-reward to TP1 at 1793. Why now? The pop is fading; the structure is still weak.
Debate:
Are you taking the short at 1831 or waiting for a retest to 1835?