$ETH — 1H Setup 📉
Bias: Bearish
Entry: $1,878–$1,885
SL: $1,893
TP1: $1,870
TP2: $1,864
TP3: $1,855
Analysis:
ETH is still below the 1H Supertrend at $1,890.99, and the recent bounce toward $1,887–$1,890 got rejected. The structure remains weak with lower highs, while $1,863.67 is the key downside support.
Best setup is a retest into $1,878–$1,885 + rejection rather than chasing the short at current levels. If $1,870 breaks cleanly, the move toward $1,864 and potentially $1,855 becomes more interesting.
Invalidation: 1H close above $1,891–$1,893.
#ETH
Bias: Bearish
Entry: $1,878–$1,885
SL: $1,893
TP1: $1,870
TP2: $1,864
TP3: $1,855
Analysis:
ETH is still below the 1H Supertrend at $1,890.99, and the recent bounce toward $1,887–$1,890 got rejected. The structure remains weak with lower highs, while $1,863.67 is the key downside support.
Best setup is a retest into $1,878–$1,885 + rejection rather than chasing the short at current levels. If $1,870 breaks cleanly, the move toward $1,864 and potentially $1,855 becomes more interesting.
Invalidation: 1H close above $1,891–$1,893.
#ETH