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Last chance for ETH bulls to escape?
$ETH /USDT - Short SHORT
Trading plan:
Entry: 1879.99 – 1887.55
SL: 1930.95
TP1: 1848.39
TP2: 1824.80
TP3: 1789.42
Why focus on this setup?
- 4-hour SHORT signal: 77 points (score). The 15-minute RSI is already at a high of 64.47, and a pullback is imminent.
- Current ETH is around 1883.77. TP1 looks at 1848, TP2 looks at 1824, SL is set at 1930—the risk-reward is enticing.
- Why now? The EMA slope has flattened out, the 1-day trend is moving sideways, and shorting from the highs is the right time.
Discussion:
Will this wave hit TP2 first, or will it lure longs to break through 1930?