ETH is brewing a reversal signal on the level of about 4 hours.



$ETH /USDT - SHORT

Trading plan:
Entry: 1803.52 – 1809.06
SL: 1832.87
TP1: 1786.35
TP2: 1773.06
TP3: 1753.12

Why focus on this structure?
- The current ETH price is 1806.29; the 15-minute RSI is only 52.23, with insufficient momentum.
- The 4-hour EMA is bearish, while the 1-day trend is in a ranging zone—direction is clear.
- Entering SHORT now, with targets TP1 1786.35 and TP2 1773.06, and a stop loss at 1832.87.
- Why now? RSI is neutral, and the price is close to the resistance area—there’s a high probability of a short-term pullback.

Discussion:
Do you think ETH will reach TP2 1786 first, or will it fake a breakdown and then rebound?
ETH-0.20%
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