$ETH Short: Still Printing 💰📉
A few weeks ago I shared this short on ETH from the 2,570–2,800 resistance zone. Sellers took over right there, and ETH is now trading around 2,224. The trade is deep in profit. 🎯
The chart did exactly what it was supposed to:
🔴 Rejected from resistance
🔴 Lower highs and lower lows
🔴 Price below the moving averages, and every bounce got sold
What's next: I'm expecting a small relief bounce toward 2,350–2,400 to trap late buyers 🪤, then another leg down toward my target at 1,986.
Trade recap:
Entry: 2,570
Stop Loss: 2,798
Target: 1,986
I'm still h
olding. If you missed the entry, don't chase. Wait for a fresh setup, because patience pays more than FOMO. 🧠
⚠️ Not financial advice. Always manage your risk.
#ETH #Ethereum #ETHUSD #CryptoSignals #TechnicalAnalysis #BinanceSquare
A few weeks ago I shared this short on ETH from the 2,570–2,800 resistance zone. Sellers took over right there, and ETH is now trading around 2,224. The trade is deep in profit. 🎯
The chart did exactly what it was supposed to:
🔴 Rejected from resistance
🔴 Lower highs and lower lows
🔴 Price below the moving averages, and every bounce got sold
What's next: I'm expecting a small relief bounce toward 2,350–2,400 to trap late buyers 🪤, then another leg down toward my target at 1,986.
Trade recap:
Entry: 2,570
Stop Loss: 2,798
Target: 1,986
I'm still h
olding. If you missed the entry, don't chase. Wait for a fresh setup, because patience pays more than FOMO. 🧠
⚠️ Not financial advice. Always manage your risk.
#ETH #Ethereum #ETHUSD #CryptoSignals #TechnicalAnalysis #BinanceSquare
