$ETH Short Setup: Bears Are Cooking đ»
Ethereum got rejected hard from the $2,620â$2,800 resistance zone and the daily candle is now bleeding at $2,384 (-3.5%). Both moving averages are sloping down, and price is sitting under them. Sellers are in control for now.
đ The Setup (1D)
đŽ Entry: ~$2,570
đ Stop Loss: $2,798 (above resistance)
đŻ Target: $1,986
âïž Risk:Reward â 1:2.5
My view: a small pullback toward the $2,600 area is possible, then another leg down. After that, a bounce, then a push toward $2,000. If price closes back above $2,800, the idea is dead and I'm out. No hero trades. đ
â ïž Don't chase the
move. Wait for your own confirmation, and always use a stop loss.
Are you shorting ETH or waiting to buy the dip? Tell me below đ
#ETH #Ethereum #CryptoSignals #TechnicalAnalysis #BinanceSquare
Not financial advice. Trade at your own risk.
Ethereum got rejected hard from the $2,620â$2,800 resistance zone and the daily candle is now bleeding at $2,384 (-3.5%). Both moving averages are sloping down, and price is sitting under them. Sellers are in control for now.
đ The Setup (1D)
đŽ Entry: ~$2,570
đ Stop Loss: $2,798 (above resistance)
đŻ Target: $1,986
âïž Risk:Reward â 1:2.5
My view: a small pullback toward the $2,600 area is possible, then another leg down. After that, a bounce, then a push toward $2,000. If price closes back above $2,800, the idea is dead and I'm out. No hero trades. đ
â ïž Don't chase the
move. Wait for your own confirmation, and always use a stop loss.
Are you shorting ETH or waiting to buy the dip? Tell me below đ
#ETH #Ethereum #CryptoSignals #TechnicalAnalysis #BinanceSquare
Not financial advice. Trade at your own risk.