$ETH - SHORT TRADE PLAN
BEST TRADE: SHORT THE BOUNCE
Wait for dead cat bounce to short.
SHORT Plan (High probability)
Entry Zone 1: $1,820 - $1,850 (38% bounce)
Entry Zone 2: $1,935 EMA20 retest (best)
SL: $1,985 above EMA20 - 7%
TP1: $1,729 low retest - quick scalp
TP2: $1,650 -8%
TP3: $1,580 -12% extension
Leverage: 3x-5x max - volatility high
If you want scalp short NOW:
Entry: $1,743 - $1,765 current
SL: $1,820 tight $77
TP1: $1,700
TP2: $1,650
Risky because RSI 18 oversold - can bounce 5-7% anytime
*DO NOT LONG YET*
Oversold RSI 18 tempts long, but no reversal signal. Wait for 4H bullish engulfing or RSI >30 + volume drop.
BEST TRADE: SHORT THE BOUNCE
Wait for dead cat bounce to short.
SHORT Plan (High probability)
Entry Zone 1: $1,820 - $1,850 (38% bounce)
Entry Zone 2: $1,935 EMA20 retest (best)
SL: $1,985 above EMA20 - 7%
TP1: $1,729 low retest - quick scalp
TP2: $1,650 -8%
TP3: $1,580 -12% extension
Leverage: 3x-5x max - volatility high
If you want scalp short NOW:
Entry: $1,743 - $1,765 current
SL: $1,820 tight $77
TP1: $1,700
TP2: $1,650
Risky because RSI 18 oversold - can bounce 5-7% anytime
*DO NOT LONG YET*
Oversold RSI 18 tempts long, but no reversal signal. Wait for 4H bullish engulfing or RSI >30 + volume drop.
