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ETH SYMBOL longs are about to get wrecked—95% confidence short signal just armed.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1760.39 – 1768.77
SL: 1804.76
TP1: 1734.45
TP2: 1714.36
TP3: 1684.22
Why this setup?
4H timeframe bearish trend confirmed. RSI on 15m is 33.83—already oversold but still dropping. ATR shows volatility widening; price at 1764.58 with immediate target to 1734.45. Why now? Momentum is accelerating downside, and the 1D trend hasn't flipped. This isn't a dip to buy—it's a breakdown in motion.
Debate:
Do you trust a 95% confidence short when RSI is already oversold, or is this the trap before a dead cat bounce?