$ETH Short remains favored, it has formed a series of lower highs at 2526->2417->2371, with recent low at 2318
Open Interest has decreased from its massive spike during the drop to 2282, suggesting some leverage has been flushed out, but the market remains vulnerable to another liquidity sweep to the downside before any meaningful reversal
$ETH SHORT SETUP
· Entry Short: 2365 - 2390 (Wait for retest recent breakdown zone)
· Stop Loss: above 2425
· Take Profit: 2320 and 2290
Support me just Trade here👇#ETH
Open Interest has decreased from its massive spike during the drop to 2282, suggesting some leverage has been flushed out, but the market remains vulnerable to another liquidity sweep to the downside before any meaningful reversal
$ETH SHORT SETUP
· Entry Short: 2365 - 2390 (Wait for retest recent breakdown zone)
· Stop Loss: above 2425
· Take Profit: 2320 and 2290
Support me just Trade here👇#ETH
