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Most traders are buying the dip on ETH — but the 1D bearish trend says they’re wrong.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1789.5 – 1797.5
SL: 1831.9
TP1: 1764.7
TP2: 1745.5
TP3: 1716.6
Why this setup?
• 4H timeframe SHORT signal is armed with 95% confidence, targeting TP1 at 1764.7.
• RSI on 15M sits at 49.94—neutral, no oversold bounce fuel.
• Why now? Entry zone at 1793.5 aligns with bearish continuation, not reversal.
Debate:
Is the sub-1800 trap setting up for a sweep to TP3 at 1716, or will bulls invalidate below 1743?