ETH is hovering around 1860—are we looking at a bull-trap or a real drop?



$ETH /USDT - short SHORT

Trading plan:
Entry: 1856.74 – 1860.70
SL: 1877.71
TP1: 1844.48
TP2: 1834.99
TP3: 1820.75

Why focus on this setup?
- The 1-hour EMA and RSI show short-term overbought; the 4-hour trend is clearly bearish. A short-term opportunity is to enter around 1858.
- The current price is near the 1860 resistance; the downside targets TP1 1844 and TP2 1835 offer more than 1% room.
- Why now? The 15-minute RSI has reached 64, and a pullback signal is starting to appear—just wait for confirmation.

Discussion:
Should we take profit at TP2 first, or get stopped out at SL and then look for a rebound?
ETH1.14%
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