📉 ETH — TIGHT RANGE COMPRESSION NEAR LOCAL SUPPORT FLOORS! 🔻
$ETH is trading lower at 2,319.57 (-0.60%, or roughly Rs641,825.02), moving within an active 24-hour range between a high of 2,364.39 and a low of 2,292.00. Price action on this 4-hour chart displays a continued corrective drift following the rejection from the 2,526.99 swing high, hovering just underneath the fast MA(7) (2,327.74), MA(25) (2,361.33), and macro structural MA(99) (2,431.58) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,240.00–2,310.00 (on volume absorption and confirmed defense of local support floors)
🛑 STOP LOSS: 2,170.00
🎯 TP1: 2,420.00
🎯 TP2: 2,520.00
Are you watching for Ethereum to hold these baseline levels and mount a relief bounce, or looking for further downside continuation? Let's discuss below! 👇
👉 Trade: $ETH
#ETH #CryptoTrading #BinanceSquare #bearish #TradingSignal
$ETH is trading lower at 2,319.57 (-0.60%, or roughly Rs641,825.02), moving within an active 24-hour range between a high of 2,364.39 and a low of 2,292.00. Price action on this 4-hour chart displays a continued corrective drift following the rejection from the 2,526.99 swing high, hovering just underneath the fast MA(7) (2,327.74), MA(25) (2,361.33), and macro structural MA(99) (2,431.58) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,240.00–2,310.00 (on volume absorption and confirmed defense of local support floors)
🛑 STOP LOSS: 2,170.00
🎯 TP1: 2,420.00
🎯 TP2: 2,520.00
Are you watching for Ethereum to hold these baseline levels and mount a relief bounce, or looking for further downside continuation? Let's discuss below! 👇
👉 Trade: $ETH
#ETH #CryptoTrading #BinanceSquare #bearish #TradingSignal
