🔵 $ETH EREUM (ETH) — BEARISH TRADE SETUP
Ethereum is currently trading at 1,900.19, down -1.44%.
I'm keeping ETH on my watchlist for a possible bearish continuation. The price is showing weakness, and sellers may attempt to push it toward lower levels.
Market Details:
- Coin: ETH
- Current Price: 1,900.19
- PKR Value: Rs 525,573.55
- 24H Change: -1.44%
📉 Trade Plan — SHORT
- Entry: 1,900.19
- Target 1: 1,862.19
- Target 2: 1,824.18
- Target 3: 1,786.18
- Stop Loss: 1,938.19
Why This Setup Works:
ETH is currently showing negative daily momentum. I'm looking for confirmation from sellers through rejection or a breakdown retest. If bearish pressure continues, the planned downside targets become possible.
Trade Management: Take partial profits at each target and avoid holding the position without a risk-management plan.
Confirmation is important before entering.
Ethereum is currently trading at 1,900.19, down -1.44%.
I'm keeping ETH on my watchlist for a possible bearish continuation. The price is showing weakness, and sellers may attempt to push it toward lower levels.
Market Details:
- Coin: ETH
- Current Price: 1,900.19
- PKR Value: Rs 525,573.55
- 24H Change: -1.44%
📉 Trade Plan — SHORT
- Entry: 1,900.19
- Target 1: 1,862.19
- Target 2: 1,824.18
- Target 3: 1,786.18
- Stop Loss: 1,938.19
Why This Setup Works:
ETH is currently showing negative daily momentum. I'm looking for confirmation from sellers through rejection or a breakdown retest. If bearish pressure continues, the planned downside targets become possible.
Trade Management: Take partial profits at each target and avoid holding the position without a risk-management plan.
Confirmation is important before entering.