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ETH 4-hour shorts have been armed—was 1920 a false breakout?
$ETH /USDT - SHORT
Trade plan:
Entry: 1916.91 – 1924.03
SL: 1964.95
TP1: 1887.11
TP2: 1864.87
TP3: 1831.52
Why pay attention to this structure?
- 4H short signal activated, 77% confidence; the current price around 1920 is right in the entry zone.
- RSI 15M is only 48.19, with no oversold bounce momentum; the 1D trend is ranging, and shorts hold the advantage.
- Targets: TP1 1887, TP2 1864; stop loss 1965; risk-reward is over 2:1.
- Why now? The 4H structure has just been confirmed—after a range, the probability of a breakdown is high.
Discussion:
Will this wave hit TP2 first, or will 1920 hold up for another round of rebound?