$ETH remains in a downtrend, printing lower highs (2777 -> 2739 -> 2579 -> 2494) on 4H chart
1H chart shows price attempting to consolidate after recent drop to 2356, but overall market structure remains bearish as it fails to break previous local resistances
🔥Long/Short Preference: 60% Short / 40% Long
(Leaning towards Short due to established bearish structure and lower highs, but keeping a long bias at major support zones for a potential relief bounce)
$ETH Short Setup (Sell at resistance)
· Short Entry: 2460 - 2490
· Stop Loss: above 2530
· Take Profit: 2380 - 2420
$ETH Long Setup (Buy at major support)
· Long Entry: 2320 - 2350
· Stop Loss: below 2280
· Take Profit: 2420 - 2460
Support me just Trade here👇#eth
1H chart shows price attempting to consolidate after recent drop to 2356, but overall market structure remains bearish as it fails to break previous local resistances
🔥Long/Short Preference: 60% Short / 40% Long
(Leaning towards Short due to established bearish structure and lower highs, but keeping a long bias at major support zones for a potential relief bounce)
$ETH Short Setup (Sell at resistance)
· Short Entry: 2460 - 2490
· Stop Loss: above 2530
· Take Profit: 2380 - 2420
$ETH Long Setup (Buy at major support)
· Long Entry: 2320 - 2350
· Stop Loss: below 2280
· Take Profit: 2420 - 2460
Support me just Trade here👇#eth