$ETH The longs trap is closing, and the price is on the verge of a breakdown
$ETH /USDT — Short 🔴
Trading Plan:
Entry: 2274.3 – 2275.22
Stop loss: 2278.14
Target 1: 2267.97
Target 2: 2264.9
Target 3: 2239.68
Why this setup?
Bollinger Band contraction (BBW 0.0111) points to imminent price pressure.
A rising OBV trend, with long positions concentrated at 72.01%, increases the likelihood of a long squeeze.
The long-to-short ratio of 2.5727 leaves the market vulnerable to a sudden reversal.
Have you already entered a short to catch the drop toward 2267.97, or will you wait until it’s too late? 👇
$ETH (Reminder: Timeframe: 15m | Event: Whale Accumulation Squeeze)
This content is not investment advice. Do your own research (DYOR).
$ETH /USDT — Short 🔴
Trading Plan:
Entry: 2274.3 – 2275.22
Stop loss: 2278.14
Target 1: 2267.97
Target 2: 2264.9
Target 3: 2239.68
Why this setup?
Bollinger Band contraction (BBW 0.0111) points to imminent price pressure.
A rising OBV trend, with long positions concentrated at 72.01%, increases the likelihood of a long squeeze.
The long-to-short ratio of 2.5727 leaves the market vulnerable to a sudden reversal.
Have you already entered a short to catch the drop toward 2267.97, or will you wait until it’s too late? 👇
$ETH (Reminder: Timeframe: 15m | Event: Whale Accumulation Squeeze)
This content is not investment advice. Do your own research (DYOR).
