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Everyone’s watching ETH for a breakout—I’m watching for a breakdown instead.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1854.69 – 1857.51
SL: 1886.31
TP1: 1833.44
TP2: 1818.34
TP3: 1795.68
Why this setup?
4h momentum is fading hard. RSI on 15m hit 33.23, deep in oversold but still falling. Price is holding 1856.10, but the 1D trend is range—and the short edge is 8.3. TP1 at 1833.44 is the first liquidity grab. Why now? Because the longer ETH hugs resistance, the harder the snapback.
Debate:
Would you short here at 1856 or wait for a retest of 1886 first?
#PreIPOsSeason2OpenAISubscription