🔴 $ETH/USDT – PRIORITIZE SHORT
ETH remains under downward pressure as the price is below the EMA50 and EMA200 on both the 4H and 1H timeframes. Sellers currently have the upper hand, but the 4H RSI is only 24.9, warning of a possible technical rebound.
📍 Entry: 1890.75 – 1902.15
🎯 TP1: 1862.81
🎯 TP2: 1835.72
🎯 TP3: 1795.07
🛑 Stop Loss: 1957.65
📌 Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1 is reached, move the SL to the entry point.
⚠️ The downtrend is dominant, but ETH has entered oversold territory. Prioritize capital management, use a small position size, and avoid FOMO trading.
ETH remains under downward pressure as the price is below the EMA50 and EMA200 on both the 4H and 1H timeframes. Sellers currently have the upper hand, but the 4H RSI is only 24.9, warning of a possible technical rebound.
📍 Entry: 1890.75 – 1902.15
🎯 TP1: 1862.81
🎯 TP2: 1835.72
🎯 TP3: 1795.07
🛑 Stop Loss: 1957.65
📌 Strategy: Take profit on 50% at TP1, 25% at TP2, and 25% at TP3. After TP1 is reached, move the SL to the entry point.
⚠️ The downtrend is dominant, but ETH has entered oversold territory. Prioritize capital management, use a small position size, and avoid FOMO trading.
