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Is the ETH bearish signal 95%? This time isn’t a joke?
$ETH /USDT - SHORT
Trading plan:
Entry: 1785.97 – 1792.65
SL: 1821.40
TP1: 1765.24
TP2: 1749.19
TP3: 1725.12
Why focus on this structure?
- On the 4-hour timeframe the trend is clearly bearish, and the 1D trend is also bearish—double pressure.
- RSI on the 15-minute chart is only 48.84, not oversold, with room to the downside.
- Current price 1789.31 is near the entry. TP1 at 1765.24 offers about a 1.3% profit space.
- Why now? 95% confidence + EMA pressure, with short-side momentum not fully released.
Discussion:
In this move, will it first hit TP2 at 1749, or is it a stop-hunt rebound? Did you place your order?