$ETH / USDT — Potential Trap Forming

Price action is compressing near a key zone, and the broader structure still favors the downside.

Short Setup

Entry: 2909.29 – 2923.17

SL: 2957.88

Targets:

TP1: 2874.58

TP2: 2860.70

TP3: 2832.93

Why this setup?

The daily trend remains bearish, supporting a short bias.

Price is coiling near the 4H resistance zone (2909–2923), often seen before a breakdown.

Lower-timeframe RSI lacks bullish momentum, signaling indecision rather than accumulation.

This looks like a potential calm before a downside expansion rather than strength.

Risk management is critical. DYOR.

#ETH #BinanceSquare #Write2Earn #CryptoTradingStories #ShortSetup