ETH 1842—are the bulls or the bears lying to you at this level?



$ETH /USDT - Go SHORT

Trading plan:
Entry: 1840.39 – 1845.05
SL: 1865.08
TP1: 1825.95
TP2: 1814.77
TP3: 1798.00

Why focus on this structure?
1D trend is ranging; 4H signals SHORT, but the RSI on the 15m is only 48.85, not oversold. Entry at 1842.72 is close to the neckline. TP1 at 1825.95 leaves only 0.9% downside room, with SL set at 1865.08 for a 1.2% stop loss. Why right now? Within the range, the SHORT signal combined with the ATR 1h 9.3 points makes the probability of a short-term pullback relatively high.

Discussion:
Will this move first reach TP2 at 1814, or will it fake a breakout and rebound up to SL?
ETH0.84%
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