They are taking positions calmly for a collapse, but the data tells a different story about $ETH /USDT.

$ETH - Short

Trading plan:

Entry: 2327.109884 – 2349.884131

Stop loss: 2406.819749

First target: 2270.174267

Second target: 2247.40002

Third target: 2201.851526

Why these settings?

The daily trend is bearish, but the 15-minute Relative Strength Index at 47.55 shows it is not oversold. The 4-hour setup is ready to move, with a tight entry zone between 2327 and 2349. The first target is a drop of about 3% to 2270.

Discussion:

Is this a high probability short trade or a bear trap before the reversal?

Trade here 👇