ETH is screaming oversold, but the trap is set. Why?
$ETH /USDT : 🟢 Risk 5/10 (SHORT)
🔥 Why this setup?
- 15m RSI at 24.26 = EXTREME oversold. A bounce looks imminent.
- However, the 1D trend is firmly BEARISH. Any bounce is likely a fakeout.
- SHORT bias (65% conf) targets TP1 at 3059. ATR suggests room to move.
📉 Trade Plan:
• Entry: 3088.866227 – 3100.722281
• TP1: 3059.226095 | TP2: 3047.370042 | TP3: 3023.657936
• SL: 3130.362413
👇 Debate:
Is this the dead cat bounce before the real drop? 👇
