$ETH In choppy waters, the biggest danger is mistaking a rebound for calm. BTC is in exactly that situation right now. The four-hour moving averages are still weighing on it, and even when the price bounces, there’s no volume behind it. It may look like it has stabilized, but the overhead resistance hasn’t eased at all.
We’re shorting not because we think it’s especially weak, but because there’s little room to move up from here, while the path down looks smoother. A rebound near the resistance zone actually gives us room to position. Keep your position size light, take it one step at a time, and don’t rush to conclusions.
🔴 Trade direction: Short
📍 Entry range: 2052.60 – 2056.50
🛑 Stop loss: 2095.09
🎯 Take profit 1: 2024.15
🎯 Take profit 2: 2003.87
🎯 Take profit 3: 1973.47
There’s no need to chase the winds of opportunity; they’ll come to rest in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#ETH
Tap below to trade 👇
We’re shorting not because we think it’s especially weak, but because there’s little room to move up from here, while the path down looks smoother. A rebound near the resistance zone actually gives us room to position. Keep your position size light, take it one step at a time, and don’t rush to conclusions.
🔴 Trade direction: Short
📍 Entry range: 2052.60 – 2056.50
🛑 Stop loss: 2095.09
🎯 Take profit 1: 2024.15
🎯 Take profit 2: 2003.87
🎯 Take profit 3: 1973.47
There’s no need to chase the winds of opportunity; they’ll come to rest in their own time.
Stand alongside Sister Li, and let every moment leave an echo.
#ETH
Tap below to trade 👇