$ETH is running into overhead supply — the short is armed on rejection.
$ETH - SHORT Trade Plan: Entry: 1893.197 – 1924.080 SL: 2001.286 TP1: 1815.991 TP2: 1785.108 TP3: 1723.343 Why this setup? The 1d trend is bearish, reinforcing the bias, while the 4h plan targets a move toward 1815.991 first. I’m watching lower timeframes for confirmation inside (1893.197-1924.080) — no guessing, just reaction. Weakness confirms and we unwind; TP1 is the first checkpoint. Lower TF RSI shows no extreme oversold, leaving room for the move to develop. Reclaim/acceptance beyond 2400.976 invalidates this idea. Debate: Is 1815.991 the magnet next, or is 2400.976 getting reclaimed to flip the bias?$ETH
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$ETH is running into overhead supply — the short is armed on rejection.
$ETH - SHORT
Trade Plan:
Entry: 1893.197 – 1924.080
SL: 2001.286
TP1: 1815.991
TP2: 1785.108
TP3: 1723.343
Why this setup?
The 1d trend is bearish, reinforcing the bias, while the 4h plan targets a move toward 1815.991 first.
I’m watching lower timeframes for confirmation inside (1893.197-1924.080) — no guessing, just reaction.
Weakness confirms and we unwind; TP1 is the first checkpoint. Lower TF RSI shows no extreme oversold, leaving room for the move to develop.
Reclaim/acceptance beyond 2400.976 invalidates this idea.
Debate:
Is 1815.991 the magnet next, or is 2400.976 getting reclaimed to flip the bias?$ETH