ETH 2465: Ceiling or Launchpad?
$ETH /USDT - SHORT
Trading Plan:
Entry: 2459 – 2471
SL: 2518
TP1: 2425
TP2: 2399
TP3: 2359
Why pay attention to this setup?
- 4H-level SHORT signal, but the daily chart is still ranging, indicating this is not a one-way market but range-bound trading.
- The 15-minute RSI has reached 61, suggesting a short-term pullback is due, right within the entry zone of 2459-2471.
- Why now? The price is in the upper-middle of the range, with 3 TP levels for the short (2425/2399/2359), and a risk-reward ratio close to 1:2.
- If it breaks above 2471 and holds, don't stu