đ„ #ETHUSDTđ° Short Analysis Today
| October 21, 2026#EarningsSeason #CFTCSeeksCommentOnRetailDigitalAssetFramework #EliceReboundsToDailyLimit
$ETH is trading at $2,446.28, consolidating after a strong upward move toward $2,478. Price is below MA(7) at $2,447.82 and MA(25) at $2,451.69, indicating short-term weakness. However, MA(99) at $2,425.22 remains a potential support level.
đ Trade Setup â SHORT
* Entry: $2,447â$2,452
* đŻ TP1: $2,439
* đŻ TP2: $2,430
* đŻ TP3: $2,425
* đ Stop Loss: $2,461
Key levels
* Resistance: $2,452â$2,461
* Major resistance: $2,478
* Support: $2,439 and $2,425
Market outlook: If $ETH fails to reclaim $2,452, sellers may push the price toward $2,439 and $2,425. A strong breakout above $2,461 could invalidate this bearish setup and open the way toward $2,478.
| October 21, 2026#EarningsSeason #CFTCSeeksCommentOnRetailDigitalAssetFramework #EliceReboundsToDailyLimit
$ETH is trading at $2,446.28, consolidating after a strong upward move toward $2,478. Price is below MA(7) at $2,447.82 and MA(25) at $2,451.69, indicating short-term weakness. However, MA(99) at $2,425.22 remains a potential support level.
đ Trade Setup â SHORT
* Entry: $2,447â$2,452
* đŻ TP1: $2,439
* đŻ TP2: $2,430
* đŻ TP3: $2,425
* đ Stop Loss: $2,461
Key levels
* Resistance: $2,452â$2,461
* Major resistance: $2,478
* Support: $2,439 and $2,425
Market outlook: If $ETH fails to reclaim $2,452, sellers may push the price toward $2,439 and $2,425. A strong breakout above $2,461 could invalidate this bearish setup and open the way toward $2,478.