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ETH bears are setting up positions—4-hour timeframe signal has been triggered!
$ETH /USDT - SHORT sell
Trading plan:
Entry: 1841.25 – 1848.21
SL: 1878.19
TP1: 1819.64
TP2: 1802.91
TP3: 1777.82
Why focus on this setup?
- RSI 15m is only 34.58, close to oversold but not yet reversed—bear momentum is still ongoing.
- 4-hour direction is clearly SHORT, confidence 55%. Entry 1844.73, TP1 1819.64, TP2 1802.91.
- The daily trend is ranging, but current short-term pressure is clear, making it suitable to short with the trend.
Discussion:
Will this move hit TP2 first, or will it directly rebound and sweep the stop loss?