ETH under both EMAs on the 4h chart

🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Strong

Entry: 2400.55 – 2403.51
TP1: 2379.30 (-0.9%)
TP2: 2364.15 (-1.6%)
TP3: 2341.42 (-2.5%)
SL: 2432.34 (+1.3%)
Plan: enter only inside the zone, take half at TP1, then move the stop to entry.

Why SHORT? 7/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 48.2)

The short version:
1. The 4h trend shows price below EMA50 below EMA200, a bearish stack meaning the swing trend is down.
2. The 1h trend shows price below EMA50 below EMA200, a bearish stack meaning short-term sellers are in control.
3. The setup fails if price breaks and holds above 2432.34, the invalidation level shown on the card.

Where do you see ETH finding support instead?

Full setup on the chart below.

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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.