$ETH 4H: range low breakdown awaits confirmation
Price is testing the ten-day floor after a sequence of lower closes. A decisive close below support confirms continuation, while a fast reclaim above the breakdown area invalidates the setup.
Paper trade, 4H short:
→ entry $1,958.00
→ target $1,885.00 (R:R 1.6)
→ invalidation $2,005.00
Does support break or trigger a sharp reclaim?
#TechnicalAnalysis #PaperTrading
Not financial advice; please DYOR.
Price is testing the ten-day floor after a sequence of lower closes. A decisive close below support confirms continuation, while a fast reclaim above the breakdown area invalidates the setup.
Paper trade, 4H short:
→ entry $1,958.00
→ target $1,885.00 (R:R 1.6)
→ invalidation $2,005.00
Does support break or trigger a sharp reclaim?
#TechnicalAnalysis #PaperTrading
Not financial advice; please DYOR.
