Bears have locked onto ETH, is 1744 the last line of defense?



$ETH /USDT - SHORT

Trading Plan:
Entry: 1740.92 – 1747.12
SL: 1773.80
TP1: 1721.69
TP2: 1706.80
TP3: 1684.46

Why focus on this structure?
- Daily trend is clearly bearish, 4H structure supports SHORT, 95% high confidence.
- Current price 1744.08, hugging the 1H key level, RSI 15m only 48, weak bounce.
- Entry zone 1740-1747, TP1 1721, TP2 1706, SL 1773 — risk-reward ratio 2.5:1.
- Why now? Intraday short momentum has built up, once 1740 breaks, accelerated decline.

Discussion:
Will it first hit TP2 1706, or trap bulls into a bounce to 1766?
ETH0.33%
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