$ETH - SHORT trade plan (x20)
Unpopular opinion: $ETH dropping has nothing to do with BTC right now
TRADE PLAN
Entry zone: 2385.83 - 2388.34 (ref 2387.461)
TP1: 2348 (+1.65%)
TP2: 2313 (+3.12%)
TP3: 2270 (+4.92%)
Stop loss: 2426.1 (-1.62%)
- BTC is stuck in a sideways range, so this move is not coming from the wider market.
- That means $ETH is carrying its own weight, and the setup has to stand or fall on its own numbers.
- Positive funding at 0.0047% means longs pay shorts to hold, so staying long costs money while price struggles.
Is 2385.83 the zone you are watching, or somewhere else on this chart?
⚠️ Personal market insight, not investment advice. DYOR.
Unpopular opinion: $ETH dropping has nothing to do with BTC right now
TRADE PLAN
Entry zone: 2385.83 - 2388.34 (ref 2387.461)
TP1: 2348 (+1.65%)
TP2: 2313 (+3.12%)
TP3: 2270 (+4.92%)
Stop loss: 2426.1 (-1.62%)
- BTC is stuck in a sideways range, so this move is not coming from the wider market.
- That means $ETH is carrying its own weight, and the setup has to stand or fall on its own numbers.
- Positive funding at 0.0047% means longs pay shorts to hold, so staying long costs money while price struggles.
Is 2385.83 the zone you are watching, or somewhere else on this chart?
⚠️ Personal market insight, not investment advice. DYOR.