Is ETH consolidating at 1841, building up for a sharp drop, or faking a breakout?



$ETH /USDT - Go short SHORT

Trading plan:
Entry: 1838.3 – 1845.1
SL: 1874.6
TP1: 1817.0
TP2: 1800.6
TP3: 1775.9

Why focus on this structure?
- 4H direction is clear SHORT; RSI on 15m is 53.78, not oversold, with still room for downside.
- 1H ATR is only 13.7; volatility is converging. Once it breaks below the 1838 support, TP1 at 1817 is highly likely.
- The 1D trend is range, but the SHORT signal has 55% confidence, suitable for short-term trading.
- Why now? The longer the consolidation, the stronger the breakout—this is the entry window.

Discussion:
Will this move first reach TP2 at 1800, or will it lure a stop-out and bounce up to 1866?
ETH-0.90%
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