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Everyone’s waiting for ETH to pump—but the 4h chart just flashed a trap signal.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1776.81 – 1780.17
SL: 1821.99
TP1: 1745.87
TP2: 1724.12
TP3: 1691.49
Why this setup?
• 1D trend is bearish, and 4h RSI at 62.69 shows room to drop before exhaustion.
• Entry at 1778.49 with tight invalidation at 1780.34—meaning bears are in control if we stay below this level.
• TP1 at 1745.87 is only a 1.8% move, but with 81% confidence, the risk/reward favors the short side right now.
Debate:
Is this a quick scalp to TP1 or the start of a bigger leg down to 1724?#PreIPOsSeason2OpenAISubscription