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ETH bears with a 95% win rate—are you brave enough to go with it?
$ETH /USDT - SHORT sell
Trading plan:
Entry: 1797.20 – 1801.36
SL: 1819.26
TP1: 1784.30
TP2: 1774.31
TP3: 1759.33
Why watch this setup?
- Confirmed bearish trend on the 4-hour timeframe; EMA moving averages are in a bearish alignment. A rebound is a short opportunity.
- RSI on the 15-minute timeframe is 55.34, not overbought, with downside room in the short term.
- Current price 1799.28 is near the entry area; TP1 at 1784.30 offers a reasonable risk-reward ratio.
- Why now? Clear trend + high-confidence signals—wait for a bull trap, then enter.
Discussion:
Will this move reach TP2 at 1774.31 first, or will it fake a breakdown and then pull back?