📉 ETH — SHARP WATERFALL FLUSH & TESTING LOCAL SUPPORT BASE! 🔻
$ETH is trading lower at 2,231.65 (-6.53%, or roughly Rs616,966.27), moving within an active 24-hour range between a high of 2,394.71 and a low of 2,205.11. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 2,449.95 peak, sliding beneath the fast MA(7) (2,241.02), MA(25) (2,299.72), and macro structural MA(99) (2,325.81) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,120.00–2,190.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 2,075.00
🎯 TP1: 2,340.00
🎯 TP2: 2,450.00
❓Are you watching for Ethereum to carve out a firm bottom near current levels and reclaim the moving average bands, or expecting the waterfall decline to extend further down?
Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #TradingSignal
$ETH is trading lower at 2,231.65 (-6.53%, or roughly Rs616,966.27), moving within an active 24-hour range between a high of 2,394.71 and a low of 2,205.11. Price action on this 4-hour chart displays an aggressive waterfall correction following the rejection from the 2,449.95 peak, sliding beneath the fast MA(7) (2,241.02), MA(25) (2,299.72), and macro structural MA(99) (2,325.81) moving average cluster.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,120.00–2,190.00 (strictly on confirmed volume exhaustion, heavy capitulation wicks, and structural stabilization signs)
🛑 STOP LOSS: 2,075.00
🎯 TP1: 2,340.00
🎯 TP2: 2,450.00
❓Are you watching for Ethereum to carve out a firm bottom near current levels and reclaim the moving average bands, or expecting the waterfall decline to extend further down?
Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #TradingSignal
