$ETH: Lower High Pattern Confirmed: Short Target in View
SHORT SETUP ETH
Entry: $2328.00 - $2332.00
Stop Loss: $2415.00
Take Profit: $2160.00 (2R)
Key Levels: Support $2282.46 | Resistance $2343.77
Technical Analysis for $ETH: ETH is trading below all key EMAs (92150200) and the MACD line sits under its signal, confirming bearish momentum. RSI at 35 and stochastic around 23 signal oversold conditions, yet price has slipped beneath the lower Bollinger Band, suggesting a potential continuation lower toward the 1H/4H support at 2282.46 and possible further downside.
Market Context: BTC remains in a 4hour bearish trend, with price below its EMA20/50, while the broader market shows 87.9% red assets and a
SHORT $ETH
SHORT SETUP ETH
Entry: $2328.00 - $2332.00
Stop Loss: $2415.00
Take Profit: $2160.00 (2R)
Key Levels: Support $2282.46 | Resistance $2343.77
Technical Analysis for $ETH: ETH is trading below all key EMAs (92150200) and the MACD line sits under its signal, confirming bearish momentum. RSI at 35 and stochastic around 23 signal oversold conditions, yet price has slipped beneath the lower Bollinger Band, suggesting a potential continuation lower toward the 1H/4H support at 2282.46 and possible further downside.
Market Context: BTC remains in a 4hour bearish trend, with price below its EMA20/50, while the broader market shows 87.9% red assets and a
SHORT $ETH
