An apparent ETH fake breakout signal has appeared, and the shorts are setting up



$ETH /USDT - SHORT sell

Trading plan:
Entry: 1801.25 – 1806.97
SL: 1831.52
TP1: 1783.55
TP2: 1769.84
TP3: 1749.28

Why focus on this structure?
- The 4h framework confirms the SHORT direction, with confidence of 55.4%, a moderately strong signal
- Current price is 1804.11, trading right around the EMA; RSI (15m) is only 49.25, with weak momentum
- The 1D trend is range-bound, but the near-term shorts have already targeted TP1 at 1783.55, leaving about 1.2% downside room
- Why now? Price is consolidating tightly between 1801 and 1807; once it breaks below 1800, the shorts will accelerate

Discussion:
Will this move reach TP1 at 1783 first, or will it fake a drop and bounce back to 1824?
ETH0.23%
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