#ethshorts
ethshorts
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ETH/USDT Short Signal🔴
Entry Price: $1,580.81 (retest of the broken horizontal support level)
Stop Loss (SL): $1,615.26 (placed above the recent local swing high)
Take Profit (TP): $1,441.07 (targeting the next major support zone)
🔍Why This Setup?
Market Structure Shift: Price broke sharply below a key horizontal support level around $1,580. The setup anticipates a bearish retest of this level turning into resistance.
Trendline Confluence: A steep descending trendline (purple line in 27881.jpg) shows strong downside momentum, rejecting any attempts at a bullish recovery.
Favorable Risk-to-Reward: Entering at the broken support keeps the stop loss tight while targeting a deeper drop toward $1,441.
✅Click here to trade👇
$ETH
#thegreenman #ETHShorts #TrendingHot
Entry Price: $1,580.81 (retest of the broken horizontal support level)
Stop Loss (SL): $1,615.26 (placed above the recent local swing high)
Take Profit (TP): $1,441.07 (targeting the next major support zone)
🔍Why This Setup?
Market Structure Shift: Price broke sharply below a key horizontal support level around $1,580. The setup anticipates a bearish retest of this level turning into resistance.
Trendline Confluence: A steep descending trendline (purple line in 27881.jpg) shows strong downside momentum, rejecting any attempts at a bullish recovery.
Favorable Risk-to-Reward: Entering at the broken support keeps the stop loss tight while targeting a deeper drop toward $1,441.
✅Click here to trade👇
$ETH
#thegreenman #ETHShorts #TrendingHot
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