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Everyone is waiting for ETH to pump—but the 4h chart just flashed a 95% short signal.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1724.97 – 1730.89
SL: 1756.31
TP1: 1706.64
TP2: 1692.45
TP3: 1671.16
Why this setup?
Why now? RSI on 15m is neutral at 50.14, but the 1D trend is bearish and ATR on 1h is tight at 11.82—mean reversion is likely. Entry zone: 1727.93 with TP1 at 1706.64 and TP2 at 1692.45. If price invalidates above 1737.83, the trap is set for a squeeze.
Debate:
Are you shorting ETH here or waiting for a fakeout above 1738?