šØ $ETH FUTURES ā SHORT SETUP š
Ethereum is showing weakness around the $2,500 zone after failing to hold the recent highs.
ETH is currently trading near $2,485, with intraday resistance around $2,540. The bigger trend is still constructive, so I would not chase a short at market ā the better setup is a rejection from resistance or a confirmed breakdown. ļæ½
MarketScreener Italia
š“ SHORT ENTRY: $2,510 ā $2,540
šÆ TP1: $2,465
šÆ TP2: $2,410
šÆ TP3: $2,350
š SL: $2,575
Why I'm watching the short š
⢠$2,500ā$2,540 is an important resistance area
⢠ETH has started losing short-term momentum after the recent rally
⢠A break below $2,465 could accelerate selling pressure
⢠If BTC weakens at the same time, ETH could move much faster
ā ļø Invalidation: A strong move above $2,575 would invalidate this short idea and could open the door for another bullish attempt.
Best approach: Wait for rejection around $2,510ā$2,540 or a clean breakdown below $2,465. Don't blindly enter in the middle.
š„ Risk management > leverage.
#ETH #ETHUSDT #Ethereum #FuturesTrading #ShortSetup
#CryptoTrading #Altcoins #BinanceSquare
DYOR. This is a technical setup, not financial advice.
Ethereum is showing weakness around the $2,500 zone after failing to hold the recent highs.
ETH is currently trading near $2,485, with intraday resistance around $2,540. The bigger trend is still constructive, so I would not chase a short at market ā the better setup is a rejection from resistance or a confirmed breakdown. ļæ½
MarketScreener Italia
š“ SHORT ENTRY: $2,510 ā $2,540
šÆ TP1: $2,465
šÆ TP2: $2,410
šÆ TP3: $2,350
š SL: $2,575
Why I'm watching the short š
⢠$2,500ā$2,540 is an important resistance area
⢠ETH has started losing short-term momentum after the recent rally
⢠A break below $2,465 could accelerate selling pressure
⢠If BTC weakens at the same time, ETH could move much faster
ā ļø Invalidation: A strong move above $2,575 would invalidate this short idea and could open the door for another bullish attempt.
Best approach: Wait for rejection around $2,510ā$2,540 or a clean breakdown below $2,465. Don't blindly enter in the middle.
š„ Risk management > leverage.
#ETH #ETHUSDT #Ethereum #FuturesTrading #ShortSetup
#CryptoTrading #Altcoins #BinanceSquare
DYOR. This is a technical setup, not financial advice.