Just made it, let's see the results.
Post
612 Ceros
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BearishThey're calling for a bounce, but the 4H chart tells a darker story for $ETH /USDT.
$ETH - SHORT
Trade Plan:
Entry: 2046.853186 – 2070.486814
SL: 2129.570881
TP1: 1987.769119
TP2: 1964.135492
TP3: 1916.868238
Why this setup?
• 1D trend is firmly bearish, setting the stage.
• RSI on the 15m is oversold at 35.71, but this is a bear flag, not a buy signal.
• Entry is armed with a tight range (2046-2070), targeting TP1 at 1987. A 75% confidence SHORT says the path of least resistance is down.
Debate:
Is this oversold RSI a genuine reversal signal or just a trap for late bulls?
Click here to Trade 👇️
$ETH - SHORT
Trade Plan:
Entry: 2046.853186 – 2070.486814
SL: 2129.570881
TP1: 1987.769119
TP2: 1964.135492
TP3: 1916.868238
Why this setup?
• 1D trend is firmly bearish, setting the stage.
• RSI on the 15m is oversold at 35.71, but this is a bear flag, not a buy signal.
• Entry is armed with a tight range (2046-2070), targeting TP1 at 1987. A 75% confidence SHORT says the path of least resistance is down.
Debate:
Is this oversold RSI a genuine reversal signal or just a trap for late bulls?
Click here to Trade 👇️
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.