Nobody is talking about the short setup forming right under the 1h resistance.
$ETH /USDT - 🟢 SHORT · Conf 79%
Trade Plan:
Entry: 2476.96 – 2480.18
SL: 2521.12
TP1: 2446.65
TP2: 2425.38
TP3: 2393.46
Why this setup?
Why now? The daily trend is still bullish, but the 1h price is rejecting from a clear resistance, and the 15m RSI is sitting at 42.29, showing momentum is fading fast. The 1h ATR of 17.711206 tells us volatility is compressed enough for a sharp move to the downside. The entry zone between 2476.96 and 2480.18 lines up perfectly with that rejection, giving a clean short trigger with targets at TP1 2446.65 and TP2 2425.38. The invalidation level at 2511.48 is the absolute line in the sand that separates a trade from a loss.
Debate:Are we hitting TP2 or getting trapped before the daily trend fights back?
Click here to view the chart 👇️
$ETH /USDT - 🟢 SHORT · Conf 79%
Trade Plan:
Entry: 2476.96 – 2480.18
SL: 2521.12
TP1: 2446.65
TP2: 2425.38
TP3: 2393.46
Why this setup?
Why now? The daily trend is still bullish, but the 1h price is rejecting from a clear resistance, and the 15m RSI is sitting at 42.29, showing momentum is fading fast. The 1h ATR of 17.711206 tells us volatility is compressed enough for a sharp move to the downside. The entry zone between 2476.96 and 2480.18 lines up perfectly with that rejection, giving a clean short trigger with targets at TP1 2446.65 and TP2 2425.38. The invalidation level at 2511.48 is the absolute line in the sand that separates a trade from a loss.
Debate:Are we hitting TP2 or getting trapped before the daily trend fights back?
Click here to view the chart 👇️