ETH longs’ last line of defense? The truth behind 1840 will send chills down your spine



$ETH /USDT - SHORT sell

Trade plan:
Entry: 1838.63 – 1842.71
SL: 1860.22
TP1: 1826.01
TP2: 1816.24
TP3: 1801.58

Why focus on this structure?
- RSI (15m) is only 43.84; a weak rebound means sell pressure
- 4H confirms the SHORT, while 1D is ranging and brewing a breakdown
- Current price 1840.67 is right up against EMA resistance, with much more downside room than upside

Discussion:
Once 1842 is broken, do you chase the short, or wait for a rebound before shorting?
ETH0.57%
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