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Everyone’s calling ETH dead at 1583—I’m watching the trap door swing both ways.
$ETH /USDT - LONG
Trade Plan:
Entry: 1582.679326 – 1584.189650
SL: 1554.794977
TP1: 1604.914121
TP2: 1619.233877
TP3: 1640.713511
Why this setup?
• 4h LONG signal armed with 54% confidence, but the 1D trend is still bearish—this is a counter-trend scalp, not a trend reversal.
• RSI on 15m is neutral at 56, not overbought, leaving room for a quick pop to TP1 (1604) before resistance.
• ATR shows 1h volatility at 11.93—tight enough to manage, wide enough to fake out late entries.
Debate:
Do you trust the 4h signal to hit TP2 at 1619, or is this a bull trap before a breakdown to 1547?
#Get2SharesOfSKHynixAtZeroCost