following the price action on $ETH, is struggling to hold the recovery
The 24-hour move stands at -0.51%, with the latest price near 2049.30. The trend remains under pressure, with the short-term average sitting beneath the slower one. With RSI at 40.5, upside momentum still needs to improve before the move looks convincing. Participation is still light at 0.3x average volume; I would not treat this as confirmed momentum yet. The recent support area is around 2035.83, while resistance is near 2103.78. A weak reaction around the entry band would support the plan; a clean reclaim would weaken it. This sits in the top three of 34 setups that passed the scan filters, with the mapped entry and stop defining the risk.
Short setup | Spot chart | 1H
Entry: 2048.67–2052.43 • Stop Loss: 2086.27
TP1: 1996.34 | TP2: 1952.96 | TP3: 1902.58
#ETH #Crypto #Binance #Write2Earn!
The 24-hour move stands at -0.51%, with the latest price near 2049.30. The trend remains under pressure, with the short-term average sitting beneath the slower one. With RSI at 40.5, upside momentum still needs to improve before the move looks convincing. Participation is still light at 0.3x average volume; I would not treat this as confirmed momentum yet. The recent support area is around 2035.83, while resistance is near 2103.78. A weak reaction around the entry band would support the plan; a clean reclaim would weaken it. This sits in the top three of 34 setups that passed the scan filters, with the mapped entry and stop defining the risk.
Short setup | Spot chart | 1H
Entry: 2048.67–2052.43 • Stop Loss: 2086.27
TP1: 1996.34 | TP2: 1952.96 | TP3: 1902.58
#ETH #Crypto #Binance #Write2Earn!
