đ¨ $ETH Intraday Setup: Short-Term Selling Pressure Resurfaces
$ETH is currently trading around $1,807 following a sharp drop from $1,830 on the 1H chart. The latest 4H candle indicates renewed downward momentum as sellers step back in.
đ Primary Plan â SHORT on Pullback:
⢠Entry Zone: $1,815 â $1,828
⢠Stop Loss: $1,847
⢠TP1: $1,795
⢠TP2: $1,775
⢠TP3: $1,730
đ Technical Context:
⢠1H price structure shows a sharp rejection from $1,830.
⢠$1,793 is immediate support; a confirmed breakdown below this level opens the path toward $1,775 and $1,730.
đ Alternative Plan â LONG on Confirmation:
⢠Trigger: Convincing reclaim and successful retest above $1,844
⢠Targets: $1,858 and $1,880
Always manage position size and risk strictly. Not financial advice.
#ETH #Ethereumâ #cryptotrading #TechnicalAnalysis #BinanceSquare
$ETH is currently trading around $1,807 following a sharp drop from $1,830 on the 1H chart. The latest 4H candle indicates renewed downward momentum as sellers step back in.
đ Primary Plan â SHORT on Pullback:
⢠Entry Zone: $1,815 â $1,828
⢠Stop Loss: $1,847
⢠TP1: $1,795
⢠TP2: $1,775
⢠TP3: $1,730
đ Technical Context:
⢠1H price structure shows a sharp rejection from $1,830.
⢠$1,793 is immediate support; a confirmed breakdown below this level opens the path toward $1,775 and $1,730.
đ Alternative Plan â LONG on Confirmation:
⢠Trigger: Convincing reclaim and successful retest above $1,844
⢠Targets: $1,858 and $1,880
Always manage position size and risk strictly. Not financial advice.
#ETH #Ethereumâ #cryptotrading #TechnicalAnalysis #BinanceSquare
