ETH’s recent downtrend—what are the main players setting up at $1,800 for?



$ETH /USDT - Sell SHORT

Trading plan:
Entry: 1799.74 – 1803.78
SL: 1821.18
TP1: 1787.19
TP2: 1777.48
TP3: 1762.92

Why focus on this structure?
- The 4-hour signal is clearly SHORT; the 15m RSI has reached 63, and the market is overheated in the short term.
- Current price is 1801.76; TP1 is at 1787, TP2 at 1777—room is clear.
- The 1D trend is range-bound, but ATR (1h) is only 8; after volatility contracts, it’s prone to accelerate.
- Why now? RSI is high + at the end of a range, and the short risk-reward is optimal.

Discussion:
Will it hit TP2 first and then rebound, or will it go straight with a wick to sweep the stop-loss?
ETH1.66%
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