$ETH short: entry 2,039–2,043, first target 2,011 — shorting into a bearish 4h EMA stack.

ETH is sitting below a bearish 4h EMA stack, so the swing trend points lower. Price is under both EMA50 and EMA200, and the short-term trend is down — that is the setup behind this short.

The levels: short ETH from the 2,039.46–2,042.56 entry zone. TP1 2,011.66 (-1.4%), TP2 1,992.09 (-2.4%), TP3 1,962.74 (-3.8%). The stop goes at 2,080.14 (+1.9%).

A word on sizing: conviction here is moderate only, so keep size light.

The plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Where do you see ETH heading from here?

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