A short position is proposed for $ETH capitalizing on the prevailing daily bearish trend. The setup identifies a tight entry zone #between $2,327 and $2,349, supported by a 4-hour #chart primed for a downward move and a 15-minute RSI reading of 47.55, which indicates room to fall before reaching oversold conditions. A stop loss is #set at $2,406.8, with three descending take-profit #targets aiming for a drop down to $2,201.85. The core debate surrounding this trade questions whether it is a high-probability continuation of the bearish trend or a potential bear trap preceding a larger market reversal, highlighting the inherent risk in the current structure.
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