Smart money is quietly building a short position on $ETH /USDT while the crowd chases higher highs.

$ETH - 🔴 SHORT · Conf 54%

Trade Plan:
Entry: 2486.53 – 2490.31
SL: 2529.71
TP1: 2457.45
TP2: 2436.80
TP3: 2405.83

Why this setup?
Why now? The 1h price is 2488.42, sitting in a tight entry zone between 2486.53 and 2490.31, which aligns perfectly with the 1h ATR of 17.215959 to size the position accurately. The 15m RSI at 48.55 shows the market is not overbought, giving the short room to breathe without immediate squeeze risk, while the daily trend remains bullish, creating a counter-trend setup that traders must respect as high risk. The first target is 2457.45, followed by a deeper move to 2436.80, with the invalidation level at 2484.28 acting as the hard line in the sand. This is a counter-trend bet against the higher-timeframe bullish trend, so size down and keep the stop tight to manage the elevated risk.

Debate:
Are we testing 2436.80 or is the bullish daily trend about to flip this short into a trap?

Click here to view the chart 👇️

⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.