Everyone’s longing ETH at 1727—here’s why the 4H chart is screaming reversal.



$ETH /USDT - SHORT

Trade Plan:
Entry: 1724.41 – 1730.17
SL: 1754.92
TP1: 1706.57
TP2: 1692.76
TP3: 1672.04

Why this setup?
RSI on the 15m just hit 75.14—overbought on a bearish 1D trend. Price is pinned at the 4H short entry (1727.29) with TP1 at 1706.57. ATR on the 1H is tight at 11.5, meaning a squeeze is imminent. Why now? The invalid level at 1737.39 is your line in the sand—momentum stalls here.

Debate:
Is this a fakeout to trap bulls before the dump, or are we getting a quick bounce to 1748 first?
ETH1.49%
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