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ETH 1882 short has been placed, but retail traders are still buying the dip?
$ETH /USDT - Short SHORT
Trading plan:
Entry: 1879.72 – 1886.12
SL: 1922.85
TP1: 1852.97
TP2: 1833.01
TP3: 1803.06
Why watch this structure?
- 4-hour bearish signal (77 points), but the 1-day trend is still ranging, indicating it’s not a one-way selloff
- RSI 15 minutes: 56.3, not oversold, shorts still have room
- ATR 1h = 12.8, limited short-term volatility—wait patiently for the entry
- Current 1882.92 is a 4-hour resistance zone; first target TP1 1852
Discussion:
Is this short setup aiming to take profit at 1852, or is it getting ready for a rebound pullback in advance?