$ETH The bounce is happening, but the trend has not flipped yet.
SHORT $ETH
Entry: 2,428-2,440
SL: 2,460
TP1: 2,409.12 | TP2: 2,383.34 | TP3: 2,375.75
R:R: 1.44R / 2.73R / 3.11R
$ETH remains below EMA25 and EMA99 on the 1H chart, with EMA7 < EMA25 < EMA99.
Price bounced from 2,383.34 and is now around 2,420.
Instead of chasing the short here, the cleaner setup is a retest into 2,428-2,440, near the EMA25 resistance zone.
The key downside levels are 2,409.12 and 2,383.34.
→ Trade on Binance 👇
SHORT $ETH
Entry: 2,428-2,440
SL: 2,460
TP1: 2,409.12 | TP2: 2,383.34 | TP3: 2,375.75
R:R: 1.44R / 2.73R / 3.11R
$ETH remains below EMA25 and EMA99 on the 1H chart, with EMA7 < EMA25 < EMA99.
Price bounced from 2,383.34 and is now around 2,420.
Instead of chasing the short here, the cleaner setup is a retest into 2,428-2,440, near the EMA25 resistance zone.
The key downside levels are 2,409.12 and 2,383.34.
→ Trade on Binance 👇
