๐ด $ETH/USDT โ SHORT PREFERRED
$ETH is below the EMA cluster on the 4H chart, indicating that the downtrend remains dominant. RSI is at 30.9, and sellers have the upper hand.
๐ Entry zone: 2,058.49 โ 2,062.57
๐ฏ TP1: 2,021.66
๐ฏ TP2: 1,995.75
๐ฏ TP3: 1,956.88
๐ Stop Loss: 2,112.35
โ ๏ธ Confidence is moderate, so consider using a small position size and managing risk carefully. Take profit on 50% at TP1, 25% at TP2, and 25% at TP3, and move the SL to breakeven after TP1.
Will ETH continue to break through support levels on its way to $1,950?
$ETH is below the EMA cluster on the 4H chart, indicating that the downtrend remains dominant. RSI is at 30.9, and sellers have the upper hand.
๐ Entry zone: 2,058.49 โ 2,062.57
๐ฏ TP1: 2,021.66
๐ฏ TP2: 1,995.75
๐ฏ TP3: 1,956.88
๐ Stop Loss: 2,112.35
โ ๏ธ Confidence is moderate, so consider using a small position size and managing risk carefully. Take profit on 50% at TP1, 25% at TP2, and 25% at TP3, and move the SL to breakeven after TP1.
Will ETH continue to break through support levels on its way to $1,950?
