$ETH COMPRESSION ZONE โ HISTORY SAYS THIS ENDS POORLY ๐
The daily candle is shrinking into a tight coil, and every time ETH has done this since April, itโs snapped hard to the downside. Volume is dropping off a cliff on the 4H, and the bid depth is thinning with each lower high.
Iโve seen this setup play out three times this year โ each time it caught late longs off guard and wick-dropped through support. This range isnโt accumulation; itโs a spring getting loaded.
Whatโs your plan if 3,200 breaks before the weekend?
Not financial advice. Always manage your risk.
#ETH #BreakdownSetup #ShortSignal #Trading #Consolidation
โก
The daily candle is shrinking into a tight coil, and every time ETH has done this since April, itโs snapped hard to the downside. Volume is dropping off a cliff on the 4H, and the bid depth is thinning with each lower high.
Iโve seen this setup play out three times this year โ each time it caught late longs off guard and wick-dropped through support. This range isnโt accumulation; itโs a spring getting loaded.
Whatโs your plan if 3,200 breaks before the weekend?
Not financial advice. Always manage your risk.
#ETH #BreakdownSetup #ShortSignal #Trading #Consolidation
โก