ETH is in a zone that needs monitoring: the 4-hour trend is leaning SHORT, while the 15-minute RSI at 30.6 may create short-term volatility.
$ETH – SHORT
Trading plan:
Entry: $2,434.43 – $2,439.13
SL: $2,460.27
TP1: $2,394.50
TP2: $2,374.15
TP3: $2,350.66
Why this setup?
• The 4h trend is SHORT, with EMA20 at $2,459.52 and EMA50 at $2,462.22, confirming downward momentum.
• The 15m RSI is 30.6; the 4h RSI is 46.4—wait for price reaction in the entry zone.
• The 1h ATR is $15.6586; TP1 is set according to a profit/risk ratio of 1.8.
Debate:
Is the short-term momentum enough confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$ETH – SHORT
Trading plan:
Entry: $2,434.43 – $2,439.13
SL: $2,460.27
TP1: $2,394.50
TP2: $2,374.15
TP3: $2,350.66
Why this setup?
• The 4h trend is SHORT, with EMA20 at $2,459.52 and EMA50 at $2,462.22, confirming downward momentum.
• The 15m RSI is 30.6; the 4h RSI is 46.4—wait for price reaction in the entry zone.
• The 1h ATR is $15.6586; TP1 is set according to a profit/risk ratio of 1.8.
Debate:
Is the short-term momentum enough confirmation to move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
