🔴 $ETH /USDT · Bias: SHORT
ETH price is below both EMAs on the 4h, so the swing trend points down.
Entry: 2104.28 – 2110.50
TP1: 2064.38 (-2.0%)
TP2: 2035.70 (-3.4%)
TP3: 1992.69 (-5.4%)
SL: 2164.74 (+2.7%)
Why: ADX 40.7 with sellers in control means the directional movement index shows strong selling pressure.
Risk: Price is washed out, bounces are common from here (4h RSI 22.7, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see room for more downside from here?
ETH price is below both EMAs on the 4h, so the swing trend points down.
Entry: 2104.28 – 2110.50
TP1: 2064.38 (-2.0%)
TP2: 2035.70 (-3.4%)
TP3: 1992.69 (-5.4%)
SL: 2164.74 (+2.7%)
Why: ADX 40.7 with sellers in control means the directional movement index shows strong selling pressure.
Risk: Price is washed out, bounces are common from here (4h RSI 22.7, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Do you see room for more downside from here?
