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ETH bearish signals appear—will there be a reversal near 1,844?
$ETH /USDT - SHORT
Trading plan:
Entry: 1,843.00 – 1,846.98
SL: 1,864.09
TP1: 1,830.66
TP2: 1,821.11
TP3: 1,806.79
Why focus on this setup?
A 4-hour SHORT signal has been triggered. RSI 15M at 54.75 hasn’t become overheated, and the 1D trend is still ranging. Current 1,844.99 is key resistance; TP1 targets 1,830.66 and TP2 targets 1,821.11. Why now? The EMA hasn’t confirmed a bullish breakout, and ATR 1H is only 7.96—volatility is limited, which is suitable for a short-term entry.
Discussion:
Will this move take profit at 1,830 first, or will it drop straight through 1,821?