🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 2416.50 – 2419.06
TP1: 2395.82 (-0.9%)
TP2: 2381.17 (-1.5%)
TP3: 2359.21 (-2.4%)
SL: 2447.06 (+1.2%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.

ETH is stuck below both EMAs on the 4h chart.

Why SHORT? 5/12 signals agree, 0 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 37.3)

The 4h trend shows price below EMA50 and EMA200, a bearish stack, and the 1h trend mirrors this down stack. The 1h RSI at 43.5 means sellers have momentum.

What is your invalidation level above 2419.06?

Chart with every level below.

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⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.