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ETH 4-hour short alert—what does RSI 48 imply?
$ETH /USDT - SHORT sell
Trading plan:
Entry: 1867.41 – 1871.45
SL: 1888.87
TP1: 1854.85
TP2: 1845.13
TP3: 1830.55
Why focus on this setup?
• Current ETH price is 1869; the 4H-level SHORT signal is activated, with 55% confidence.
• RSI on 15M is only 48.47, not oversold—bearish momentum hasn’t been exhausted.
• Intraday trend is ranging, but the bearish targets are clear: TP1 1854.85, TP2 1845.13.
• ATR on 1H is only 8.09; volatility is tightening, and a breakout is imminent.
Discussion:
Will this bearish move hit TP2 first, or is it a bull trap rebound? Did you place your orders?