$ETH is showing a bounce but I’m still watching the downside carefully.
ETH/USDT is trading around $1,925, and this area could become important if sellers step back in.
My short-term short setup:
Entry: $1,910 $1,930
Stop Loss: $2,026
TP1: $1,870 TP2: $1,835 TP3: $1,800
The main idea is simple:
$ETH is approaching a resistance zone and if buyers fail to push through it another downside move could start.
A clean rejection from the $1,910 $1,930 area would make the short setup more interesting. If ETH loses $1,870 with strong selling volume the next levels I’m watching are $1,835 and $1,800.
But I’m not calling this a guaranteed dump Crypto can move fast in both directions and a strong breakout above the resistance zone could invalidate the setup.
For me the key level is $1,930. Above that, I would become much more cautious with shorts. Below $1,870, the bearish scenario becomes stronger.
What do you think?
Will ETH reject the $1,910 $1,930 zone, or are the bulls preparing for another breakout?
Always DYOR and manage your risk. Never risk more than you can afford to lose.
ETH/USDT is trading around $1,925, and this area could become important if sellers step back in.
My short-term short setup:
Entry: $1,910 $1,930
Stop Loss: $2,026
TP1: $1,870 TP2: $1,835 TP3: $1,800
The main idea is simple:
$ETH is approaching a resistance zone and if buyers fail to push through it another downside move could start.
A clean rejection from the $1,910 $1,930 area would make the short setup more interesting. If ETH loses $1,870 with strong selling volume the next levels I’m watching are $1,835 and $1,800.
But I’m not calling this a guaranteed dump Crypto can move fast in both directions and a strong breakout above the resistance zone could invalidate the setup.
For me the key level is $1,930. Above that, I would become much more cautious with shorts. Below $1,870, the bearish scenario becomes stronger.
What do you think?
Will ETH reject the $1,910 $1,930 zone, or are the bulls preparing for another breakout?
Always DYOR and manage your risk. Never risk more than you can afford to lose.