ETHFI is perched on a precarious ledge, with a breakdown from this zone likely to unleash a wave of selling pressure. Current price action is screaming for a short entry, with multiple signals aligning in our favor.
đŽ $ETHFI SHORT đ
Entry â $0.382917-$0.383683
Stop â $0.394799 (-3.0%)
TP1 â $0.377550 (+1.5%)
TP2 â $0.364135 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The combination of a CHoCH market structure break, CVD confirming the direction, and an FVG waiting to be filled has created a compelling short setup, further reinforced by the presence of an OB and a liquidity sweep in this area. This zone matters because it represents a key confluence of POI, where OB and FVG overlap, making it a high-probability area for a reversal. The structure is suggesting a strong potential for a move downward.
With a 3.0% stop loss, which is relatively tight, this trade calls for moderate leverage to maximize returns while keeping risk in check.
Taking partial profits at TP1 is a prudent move, as it allows us to lock in some gains while still riding the momentum of the trade, should it continue to unfold in our favor.
DYOR â this isn't financial advice, size your risk accordingly đ
$ETHFI #ETHFIUSDT #SMC #TradingSignals #Write2Earn
đŽ $ETHFI SHORT đ
Entry â $0.382917-$0.383683
Stop â $0.394799 (-3.0%)
TP1 â $0.377550 (+1.5%)
TP2 â $0.364135 (+5.0%)
R/R 1:1.7 âą Confidence 64%
The combination of a CHoCH market structure break, CVD confirming the direction, and an FVG waiting to be filled has created a compelling short setup, further reinforced by the presence of an OB and a liquidity sweep in this area. This zone matters because it represents a key confluence of POI, where OB and FVG overlap, making it a high-probability area for a reversal. The structure is suggesting a strong potential for a move downward.
With a 3.0% stop loss, which is relatively tight, this trade calls for moderate leverage to maximize returns while keeping risk in check.
Taking partial profits at TP1 is a prudent move, as it allows us to lock in some gains while still riding the momentum of the trade, should it continue to unfold in our favor.
DYOR â this isn't financial advice, size your risk accordingly đ
$ETHFI #ETHFIUSDT #SMC #TradingSignals #Write2Earn