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Everyone’s buying ETH dips, but the 1D trend is screaming bearish—are you chasing a ghost?
$ETH /USDT - SHORT
Trade Plan:
Entry: 1705.59 – 1712.99
SL: 1744.76
TP1: 1682.69
TP2: 1664.95
TP3: 1638.34
Why this setup?
• 95% confidence short signal on ETH/USDT with entry at 1709.29.
• RSI on 15m is neutral (51.57), but 1D trend is bearish—no bullish momentum to reverse.
• ATR shows tight volatility (14.78), suggesting a breakdown to TP1 (1682.69) is imminent.
• Why now? Price is hovering at resistance, and the waiting status means the trap is set.
Debate:
Are you shorting this ETH rejection or waiting for a fakeout above 1713?