🚨 $ETH DISTRIBUTION PHASE? BIG SHORT SETUP IN FOCUS! 📉
Ethereum may be facing selling pressure as buyers struggle to push prices higher. If bearish momentum continues, ETH could see another move down.
🎯 Key Downside Targets:
🔻 TP1: $2,070
🔻 TP2: $1,800
🔻 Final Zone: $1,600–$1,700
📉 My Trading Strategy:
I’m watching for potential short entries on relief bounces rather than chasing longs.
🛑 Stop Loss: $2,500
If ETH breaks below $2,070 with strong selling pressure, the downside could extend further. The $1,600–$1,700 zone is where I’ll watch for signs of a possible local bottom.
⚠️ Stay patient, manage risk, and wait for confirmation. No trade is guaranteed!
🔥 ETHUSDT | Perpetual Futures
#ETH #Ethereum✅ #cryptotrading #BinanceSquare #ShortSetup
Ethereum may be facing selling pressure as buyers struggle to push prices higher. If bearish momentum continues, ETH could see another move down.
🎯 Key Downside Targets:
🔻 TP1: $2,070
🔻 TP2: $1,800
🔻 Final Zone: $1,600–$1,700
📉 My Trading Strategy:
I’m watching for potential short entries on relief bounces rather than chasing longs.
🛑 Stop Loss: $2,500
If ETH breaks below $2,070 with strong selling pressure, the downside could extend further. The $1,600–$1,700 zone is where I’ll watch for signs of a possible local bottom.
⚠️ Stay patient, manage risk, and wait for confirmation. No trade is guaranteed!
🔥 ETHUSDT | Perpetual Futures
#ETH #Ethereum✅ #cryptotrading #BinanceSquare #ShortSetup