I just opened an $80,000 short position on $ETH. 📉
Ethereum has pushed back into the $1,945-$1,950 resistance zone, an area that has rejected buyers multiple times before.
The move looks strong, but I’m starting to see momentum slow down exactly where sellers usually step in. That’s why I’m taking this short.
Entry: $1940-$1950
TP: $1,850
SL: $1,980
If $ETH breaks above my stop loss, I’ll close the trade and reassess. But as long as it stays below this resistance, I believe another move toward $1,850 is still on the table.
Let’s see if this becomes another perfect entry.
Ethereum has pushed back into the $1,945-$1,950 resistance zone, an area that has rejected buyers multiple times before.
The move looks strong, but I’m starting to see momentum slow down exactly where sellers usually step in. That’s why I’m taking this short.
Entry: $1940-$1950
TP: $1,850
SL: $1,980
If $ETH breaks above my stop loss, I’ll close the trade and reassess. But as long as it stays below this resistance, I believe another move toward $1,850 is still on the table.
Let’s see if this becomes another perfect entry.