ETH at 1850—both bulls and bears are waiting for a signal.



$ETH /USDT - go short SHORT

Trade plan:
Entry: 1848.73 – 1852.57
SL: 1869.11
TP1: 1836.80
TP2: 1827.57
TP3: 1813.72

Why focus on this structure?
15-minute RSI is nearing the overbought zone (66.75), the 4-hour trend is bearish, but the 1D is still ranging. Current 1850.65 is a short-term resistance level; below it, 1848.73–1842.95 is the support zone. If it breaks below 1842.95, the SHORT thesis activates—TP1 at 1836.80 and TP2 at 1827.57. Why now? RSI is high + price is near the upper edge of the range, giving shorts a better risk-reward.

Discussion:
Will this move hit TP2 first, or will it be a bull trap that pulls back from 1864?
ETH1.06%
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