๐ $ETH MARKET UPDATE
Ethereum is trading at 2,404.01, down 2.63%.
I'm watching ETH for a possible continuation to the downside. The current decline suggests sellers have short-term control.
๐น Trade Plan: SHORT
Entry: 2,408.82 โ 2,416.03
Target 1: 2,379.97
Target 2: 2,355.93
Stop Loss: 2,432.86
๐ Why this setup works:
ETH is showing negative momentum. A failed recovery around the entry zone could allow sellers to push the price toward the targets.
โ ๏ธ Iโll avoid entering if price breaks upward with strong momentum.
Ethereum is trading at 2,404.01, down 2.63%.
I'm watching ETH for a possible continuation to the downside. The current decline suggests sellers have short-term control.
๐น Trade Plan: SHORT
Entry: 2,408.82 โ 2,416.03
Target 1: 2,379.97
Target 2: 2,355.93
Stop Loss: 2,432.86
๐ Why this setup works:
ETH is showing negative momentum. A failed recovery around the entry zone could allow sellers to push the price toward the targets.
โ ๏ธ Iโll avoid entering if price breaks upward with strong momentum.