Everyone’s staring at the 4H chart, but the daily range is the real trap door for $ETH /USDT.
$ETH H - 🟢 LONG
Trade Plan:
Entry: 2247.29 – 2254.91
SL: 2179.75
TP1: 2304.61
TP2: 2340.29
TP3: 2393.80
Why this setup?
- The 4H structure is **trending**, yet the 1D is flat—this is a compressed coil, not a breakout.
- RSI (15m) is hot at 70.7, but the ATR (1h) of 29.7 says volatility is about to expand violently.
- Entry at 2251.10 is armed with a tight SL at 2179.75—a 3.2% risk for a 6.3% ride to TP2.
- **Why now?** The 87 confidence score and the 5.0 long edge vs -1.25 short edge mean the algo sees a clear path up, but the range-bound daily forces a fast exit.
- **Counter-trend warning:** This is a trend-following setup *within* a range—if the daily breaks down, this long is a reversal bet against the higher-timeframe chop. Size down and respect the SL.