Has the last line of defense for ETH longs been broken?



$ETH /USDT - Do a SHORT short

Trading Plan:
Entry: 1746.56 – 1754.26
SL: 1787.34
TP1: 1722.71
TP2: 1704.25
TP3: 1676.55

Why pay attention to this structure?
- The 1D trend is clearly bearish; at the 4h level, it’s a SHORT signal; RSI on the 15m is only 37; momentum keeps pushing downward.
- Current price is 1750; TP1 1722, TP2 1704; stop loss 1787; the risk-reward ratio is over 2:1.
- Why now? On the hourly chart, the EMA is aligned bearish; the rebound lacks strength—this is the perfect window to enter in line with the trend.

Discussion:
Will this short position first tag TP2, or will a rebound trigger a liquidation of shorts?
ETH-2.13%
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