$ETH - SHORT 🔴
Entry: 2038.55 – 2041.33
Stop loss: 2075.59
First target: 2013.20
Second target: 1995.38
Third target: 1968.64
Trade management:
* Close 50% of the position at the first target.
* Close 25% at the second target.
* Close 25% at the third target.
* Move the stop loss to the entry point after reaching the first target.
Note: The trend on the 4-hour timeframe is bearish, with the EMA moving averages indicating seller dominance.
Confidence level is only moderate, so using a small position size is preferable.
Entry: 2038.55 – 2041.33
Stop loss: 2075.59
First target: 2013.20
Second target: 1995.38
Third target: 1968.64
Trade management:
* Close 50% of the position at the first target.
* Close 25% at the second target.
* Close 25% at the third target.
* Move the stop loss to the entry point after reaching the first target.
Note: The trend on the 4-hour timeframe is bearish, with the EMA moving averages indicating seller dominance.
Confidence level is only moderate, so using a small position size is preferable.
