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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: 2302.936226 – 2323.038286
SL: 2373.293437
TP1: 2252.681074
TP2: 2232.579014
TP3: 2192.374893
Why this setup?
- Daily trend is firmly bearish, setting the macro direction.
- Price is currently testing a key 4H resistance zone (entry_high: ~2323).
- RSI on the 15m is weak at 40.48, showing lack of bullish momentum for a real breakout.
- A failed push here could see a swift move toward the first target at ~2252.
Debate:
Is this just a bear trap before a rally, or are we about to see a clean breakdown to TP1?
Trade here 👇
$ETH - SHORT
Trade Plan:
Entry: 2302.936226 – 2323.038286
SL: 2373.293437
TP1: 2252.681074
TP2: 2232.579014
TP3: 2192.374893
Why this setup?
- Daily trend is firmly bearish, setting the macro direction.
- Price is currently testing a key 4H resistance zone (entry_high: ~2323).
- RSI on the 15m is weak at 40.48, showing lack of bullish momentum for a real breakout.
- A failed push here could see a swift move toward the first target at ~2252.
Debate:
Is this just a bear trap before a rally, or are we about to see a clean breakdown to TP1?
Trade here 👇
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.