ETH 1868 short positions set up—this time, is it meant to squeeze the longs?



$ETH /USDT - go short SHORT

Trading plan:
Entry: 1866 – 1870
SL: 1886
TP1: 1855
TP2: 1846
TP3: 1832

Why focus on this setup?
On the 4-hour timeframe, a SHORT signal appears. The RSI on the 15-minute chart at 56.91 shows weakening short-term momentum. The 1D trend is ranging, but with 55% confidence, the SHORT direction points downward. The current entry is 1868, TP1 1855, TP2 1846, stop loss 1886. Why now? Because 1868 is a key hourly resistance level—before the EMA breaks through, the short risk-reward is better.

Discussion:
Will this push hit 1846 first, or will it reach the 1886 stop loss? Have you placed your orders?
ETH1.35%
View Original
post-image
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned