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ETH shorts just got an 83% confidence nod—are you fading the range or riding the breakdown?
$ETH /USDT - SHORT
Trade Plan:
Entry: 1853.27 – 1856.97
SL: 1897.40
TP1: 1823.41
TP2: 1802.27
TP3: 1770.57
Why this setup?
RSI on the 15m is crushed at 29.88, signaling exhaustion on every bounce. The 4h entry at 1855.12 sits right under range resistance, with TP1 at 1823.41 already in play. ATR shows tight 11.73 volatility—meaning the next move could snap fast. Why now? Because momentum is fading into the lower band, not building for a breakout.
Debate:
Do you trust the range to hold 1853 or is the trap set for a fakeout below 1823 first?
#SummerCreationCamp