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The 95% confidence long setup on ETH is armed—but the daily chart screams bearish. Who wins?
$ETH /USDT - LONG
Trade Plan:
Entry: 1589.64 – 1592.64
SL: 1560.07
TP1: 1614.45
TP2: 1629.98
TP3: 1653.29
Why this setup?
Why now? The 4h timeframe shows a tight entry zone at 1591 with a 1h ATR of just 12.96, suggesting low volatility squeeze. RSI on 15m is 59.5, neutral with room to run. TP1 at 1614.45 is only 1.5% away, offering a quick scalp against the bearish daily trend. The invalidation at 1597.55 is razor-thin, limiting downside risk.
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