Is ETH bullish positioning lurking around 1804? Data hints at a potential reversal signal.



$ETH /USDT - SHORT

Trading plan:
Entry: 1801.85 – 1806.77
SL: 1827.91
TP1: 1786.61
TP2: 1774.81
TP3: 1757.12

Why focus on this setup?
- The current EMA and RSI show the 15m RSI is 54.05, not overbought, with neutral short-term momentum.
- The 4h direction is SHORT, but the 1D trend is range-bound—so it’s recommended to wait and observe.
- Why now? Wait for the price to test around 1804; if it breaks below 1801.85, it could accelerate the downside.

Discussion:
Will this first reach TP1 at 1786, or is it a bear-trap bounce?
ETH0.99%
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