$ETH: More Downside Before the Next Rebound?
Ethereum's 4H bearish structure suggests that another downward move could develop before buyers attempt a recovery.
ETH/USDT — SHORT Setup
- Entry Zone: $2,264.46–$2,266.46
- TP1: $2,241.30
- TP2: $2,225.20
- TP3: $2,201.04
- Stop Loss: $2,297.67
- Confidence: Moderate
Why I'm Watching This SHORT:
ETH remains below its 4H EMA50 and EMA200, while the reported 15-minute ADX of 28.4 indicates notable trend strength.
However, only 2 of 12 checklist signals support the setup, and ETH's reported 0.81 correlation with BTC creates additional risk if Bitcoin continues rising.
My Trading Plan:
Enter only within the specified zone. Consider taking 50% profit at TP1, 25% at TP2, and the remaining 25% at TP3. After TP1, consider moving the stop to breakeven.
Keep position size small. A move to $2,297.67 invalidates this bearish setup. These levels and indicators are proposed, not independently verified live.
Do you expect ETH to revisit $2,200 before its next major rebound?
$ETH
Ethereum's 4H bearish structure suggests that another downward move could develop before buyers attempt a recovery.
ETH/USDT — SHORT Setup
- Entry Zone: $2,264.46–$2,266.46
- TP1: $2,241.30
- TP2: $2,225.20
- TP3: $2,201.04
- Stop Loss: $2,297.67
- Confidence: Moderate
Why I'm Watching This SHORT:
ETH remains below its 4H EMA50 and EMA200, while the reported 15-minute ADX of 28.4 indicates notable trend strength.
However, only 2 of 12 checklist signals support the setup, and ETH's reported 0.81 correlation with BTC creates additional risk if Bitcoin continues rising.
My Trading Plan:
Enter only within the specified zone. Consider taking 50% profit at TP1, 25% at TP2, and the remaining 25% at TP3. After TP1, consider moving the stop to breakeven.
Keep position size small. A move to $2,297.67 invalidates this bearish setup. These levels and indicators are proposed, not independently verified live.
Do you expect ETH to revisit $2,200 before its next major rebound?
$ETH
