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Most traders are still long ETH — but the 1D trend just confirmed a breakdown.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1812.79 – 1820.79
SL: 1866.66
TP1: 1779.39
TP2: 1754.45
TP3: 1717.05
Why this setup?
RSI on the 15m sits at 49.84 (neutral, no bounce signal). ATR shows tight 1h volatility at ~16 — meaning a squeeze is imminent. With SHORT bias at 80% and 4h mtf bearish, the path of least resistance is down. Entry zone: 1812–1820. First target: 1779.
Debate:
Are you shorting into 1779 or waiting for the fakeout above 1820 first?