The last illusion for ETH longs – is 1754 the ceiling?



$ETH /USDT - SHORT

Trade Plan:
Entry: 1751.77 – 1757.67
SL: 1783.02
TP1: 1733.50
TP2: 1719.35
TP3: 1698.13

Why focus on this structure?
- 1D chart is clearly bearish, under the 4H EMA suppression, any long bounce is just an interlude.
- 15-min RSI at 58.7 is nearing overbought territory, short-term momentum is fading, bears could strike anytime.
- 1H ATR at 11.8, moderate volatility, current level 1754.72 is the optimal short entry, TP1 1733.5 is within reach.
- Why now? Because a 95% confidence signal doesn't wait, and the downside targets are clear.

Discussion:
Will we hit TP2 at 1719 first, or will there a fakeout dip followed by a bounce back? Which side are you on?
ETH0.52%
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