Everyone is long ETH but the 1h structure says otherwise.
$ETH /USDT - SHORT
Trade Plan:
Entry: 2742.78 – 2756.68
SL: 2836.52
TP1: 2684.64
TP2: 2641.25
TP3: 2576.16
Why this setup?
Why now? The daily trend remains bullish, yet the 1h price is trapped at 2749.73 with a 15m RSI of 58.41, signaling exhausted momentum rather than fresh strength. The 1h ATR of 27.815956 tells us the current volatility is compressed, setting up a sharp move once it expands. The entry zone between 2742.78 and 2756.68 is where the short setup activates, targeting TP1 at 2684.64 and TP2 at 2641.25 for a rapid flush. The invalidation level of 2587.80 is the hard line that separates a valid breakdown from a failed trade.
Debate:
Are we hitting TP2 or getting trapped above 2756.68?
⚠️ 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.
#ETH #ETHETFsApproved #ETHETFS #Ethereum
$ETH /USDT - SHORT
Trade Plan:
Entry: 2742.78 – 2756.68
SL: 2836.52
TP1: 2684.64
TP2: 2641.25
TP3: 2576.16
Why this setup?
Why now? The daily trend remains bullish, yet the 1h price is trapped at 2749.73 with a 15m RSI of 58.41, signaling exhausted momentum rather than fresh strength. The 1h ATR of 27.815956 tells us the current volatility is compressed, setting up a sharp move once it expands. The entry zone between 2742.78 and 2756.68 is where the short setup activates, targeting TP1 at 2684.64 and TP2 at 2641.25 for a rapid flush. The invalidation level of 2587.80 is the hard line that separates a valid breakdown from a failed trade.
Debate:
Are we hitting TP2 or getting trapped above 2756.68?
⚠️ 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.
#ETH #ETHETFsApproved #ETHETFS #Ethereum