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Most traders are buying ETH right now—they’re about to get wrecked.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1702.70 – 1709.56
SL: 1739.06
TP1: 1681.44
TP2: 1664.97
TP3: 1640.28
Why this setup?
95% confidence on the short. 1D trend is bearish. RSI on 15m at 59.76 is still below overbought, giving room to drop. Entry zone 1702-1709. First target is 1681, then 1664. ATR of 13.7 on 1h confirms volatility is tight—breakdown is imminent.
Debate:
Are you waiting for the 1709 rejection or jumping in early?