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Everyone is calling for an ETH breakout—here’s why they’re dead wrong.
$ETH /USDT - SHORT
Trade Plan:
Entry: 1735.28 – 1740.14
SL: 1761.04
TP1: 1720.21
TP2: 1708.54
TP3: 1691.04
Why this setup?
EMA at 1737.71 is the exact rejection zone on 4H. RSI 15M at 55.38 shows weak momentum, not strength. ATR at 9.72 confirms tight range—breakdown to TP1 at 1720.21 is the path of least resistance. 95% confidence says sell the fakeout.
Debate:
Will we see a flush to 1691 or a trap to 1761 first?