The last stubbornness of ETH bulls? Bear signals have already been exposed by the 4-hour pattern



$ETH /USDT - Short SHORT

Trading plan:
Entry: 1916.31 – 1923.53
SL: 1965.03
TP1: 1886.09
TP2: 1863.53
TP3: 1829.70

Why focus on this structure?
- 77% confidence in a bearish signal; a 4-hour EMA death cross is imminent
- RSI on the 15-minute timeframe is only 51.41; rebounds are weak, bears are building momentum
- Current price 1919.92 is right at the bearish entry zone; TP1 is 1886, with a reward-to-risk ratio above 2:1
- A daily trading range setup: the probability of a breakdown is higher than a fakeout

Discussion:
Will this bearish move first hit TP1 for a quick short, or will it directly smash through 1886?
ETH2.13%
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