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Everyone is buying ETH—but the 4h chart just whispered a secret nobody’s repeating.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1579.9 – 1585.9
SL: 1611.6
TP1: 1561.4
TP2: 1547.1
TP3: 1525.6
Why this setup?
95% confidence SHORT on ETH at 1582.9. RSI on 15m is only 55 (not overbought), but 1D trend is bearish and ATR is tight at ~12. Why now? The entry zone (1579.9-1585.9) is a liquidity trap before a drop to TP1 at 1561.4. Waiting for confirmation.
Debate:
Are you fading the crowd and shorting here, or do you think this is a fakeout before a pump to 1604?