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Retail is shorting the local top here while smart money is quietly absorbing the float for the next leg up.
$ETH - LONG
Trade Plan:
Entry: 1801.500000 - 1805.000000
SL: 1771.350000
TP1: 1833.400000
TP2: 1865.500000
TP3: 1920.750000
Why this setup?
95% confidence on a 4h long setup. RSI 15m at 48.5000 (room to run). ATR 1h is 12.4500—tight squeeze priming for a breakout. Entry zone: 1801.500000 - 1805.000000. First target 1833.400000.
Debate:
Is this the quiet accumulation before the parabolic expansion, or are we looking at a distribution trap for late longs?
$ETH