📉 ETH — EXTENDED WATERFALL DUMP & TESTING DEEP SUPPORT FLOORS! 🔻
$ETH is trading lower at 2,228.95 (-4.22%, or roughly Rs617,151.68), moving within an active 24-hour range between a high of 2,378.69 and a low of 2,172.85. Price action on this 4-hour chart shows an aggressive continuation of the waterfall breakdown following its failure to hold the moving average cluster, sitting well beneath the fast MA(7) (2,270.39), MA(25) (2,317.27), and macro structural MA(99) (2,383.80) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,100.00–2,180.00 (strictly on confirmed volume exhaustion, major capitulation wicks, and stabilization signs)
🛑 STOP LOSS: 2,020.00
🎯 TP1: 2,350.00
🎯 TP2: 2,480.00
❓Are you watching for Ethereum to bottom out around these deeper support zones, or expecting the waterfall drop to continue pressing lower?
Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #TradingSignal
$ETH is trading lower at 2,228.95 (-4.22%, or roughly Rs617,151.68), moving within an active 24-hour range between a high of 2,378.69 and a low of 2,172.85. Price action on this 4-hour chart shows an aggressive continuation of the waterfall breakdown following its failure to hold the moving average cluster, sitting well beneath the fast MA(7) (2,270.39), MA(25) (2,317.27), and macro structural MA(99) (2,383.80) lines.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,100.00–2,180.00 (strictly on confirmed volume exhaustion, major capitulation wicks, and stabilization signs)
🛑 STOP LOSS: 2,020.00
🎯 TP1: 2,350.00
🎯 TP2: 2,480.00
❓Are you watching for Ethereum to bottom out around these deeper support zones, or expecting the waterfall drop to continue pressing lower?
Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #TradingSignal
