$ETH COMPRESSION ZONE â HISTORY SAYS THIS ENDS POORLY đ
The daily candle is shrinking into a tight coil, and every time ETH has done this since April, itâs snapped hard to the downside. Volume is dropping off a cliff on the 4H, and the bid depth is thinning with each lower high.
Iâve seen this setup play out three times this year â each time it caught late longs off guard and wick-dropped through support. This range isnât accumulation; itâs a spring getting loaded.
Whatâs your plan if 3,200 breaks before the weekend?
Not financial advice. Always manage your risk.
#ETH #BreakdownSetup #ShortSignal #Trading #Consolidation
âĄ
The daily candle is shrinking into a tight coil, and every time ETH has done this since April, itâs snapped hard to the downside. Volume is dropping off a cliff on the 4H, and the bid depth is thinning with each lower high.
Iâve seen this setup play out three times this year â each time it caught late longs off guard and wick-dropped through support. This range isnât accumulation; itâs a spring getting loaded.
Whatâs your plan if 3,200 breaks before the weekend?
Not financial advice. Always manage your risk.
#ETH #BreakdownSetup #ShortSignal #Trading #Consolidation
âĄ
