ETH is at a level worth watching: the 4h trend leans SHORT, while the 15m RSI at 26.2 could trigger short-term volatility.
$ETH – SHORT
Trading plan:
Entry: $2,563.69 – $2,569.79
SL: $2,597.25
TP1: $2,511.81
TP2: $2,485.37
TP3: $2,454.85
Why this setup?
• The 4h trend is SHORT, with EMA20 at $2,665.92 and EMA50 at $2,679.56, confirming downward momentum.
• The 15m RSI is at 26.2; the 4h RSI is at 16.2, so wait for the price reaction at the entry zone.
• The 1h ATR is $20.3429; TP1 is set at a risk/reward ratio of 1.8.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
$ETH – SHORT
Trading plan:
Entry: $2,563.69 – $2,569.79
SL: $2,597.25
TP1: $2,511.81
TP2: $2,485.37
TP3: $2,454.85
Why this setup?
• The 4h trend is SHORT, with EMA20 at $2,665.92 and EMA50 at $2,679.56, confirming downward momentum.
• The 15m RSI is at 26.2; the 4h RSI is at 16.2, so wait for the price reaction at the entry zone.
• The 1h ATR is $20.3429; TP1 is set at a risk/reward ratio of 1.8.
Debate:
Will short-term momentum be enough to confirm a move toward TP1, or will price sweep the SL zone before continuing?
Click here to trade 👇
