đETHUSDT 4H Market Update
⢠Trend: Bearish
⢠SMA (20): 2497.9395
⢠Support: 2401.37
⢠Resistance: 2578.97
⢠Current Price: 2412.88
đStrategy:
Price is trading in the discount zone below the 20 SMA, confirming bearish momentum. The 4H structure shows lower highs and lower lows, with the current swing low at 2407 acting as immediate support. A breakdown below 2401.37 could accelerate selling toward the calculated take profit at 2304.30. The risk/reward setup favors a short entry at 2412.88 with a stop loss above the swing high at 2485.27.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ
⢠Trend: Bearish
⢠SMA (20): 2497.9395
⢠Support: 2401.37
⢠Resistance: 2578.97
⢠Current Price: 2412.88
đStrategy:
Price is trading in the discount zone below the 20 SMA, confirming bearish momentum. The 4H structure shows lower highs and lower lows, with the current swing low at 2407 acting as immediate support. A breakdown below 2401.37 could accelerate selling toward the calculated take profit at 2304.30. The risk/reward setup favors a short entry at 2412.88 with a stop loss above the swing high at 2485.27.
đ Don't forget to follow for more updates! & Your Future Eye
â ď¸ Not financial advice - always DYOR.
Click Here To Trade đ