🎯 Trade Setup (Short Position) Current Price: ~$772.60 USDT Take Profit 1 (TP1): 769.50 USDT (Targets the EMA 200 support line) Take Profit 2 (TP2): 767.10 USDT (Just above the 24-hour low at 767.03) Stop Loss (SL): 774.80 - 775.00 USDT (Placed just above the EMA 50 resistance at 774.31) 📊 Technical Summary 1. Moving Averages (EMA): EMA(20): 773.28 EMA(50): 774.31 (Resistance) EMA(200): 769.59 (Key Support) As long as the price stays below $773.28 (EMA 20), the short trend remains intact towards $769.50.
🎯 Trade Setup (Short Position) Current Price: ~$772.60 USDT Take Profit 1 (TP1): 769.50 USDT (Targets the EMA 200 support line) Take Profit 2 (TP2): 767.10 USDT (Just above the 24-hour low at 767.03) Stop Loss (SL): 774.80 - 775.00 USDT (Placed just above the EMA 50 resistance at 774.31) 📊 Technical Summary 1. Moving Averages (EMA): EMA(20): 773.28 EMA(50): 774.31 (Resistance) EMA(200): 769.59 (Key Support) As long as the price stays below $773.28 (EMA 20), the short trend remains intact towards $769.50.
There are 3 positions in total, but the third position isn’t fully visible, so the complete Binance total could be different.#EthereumFallsBelow$2500 $FOLKS $ROLL
ome people on Binance Square are flexing fake profits, showing thousands or even millions 💰🚀 just to look like pros… but the reality is different. If you look closely, many of these trades don’t even make sense 🤦♂️ A real long should have liquidation below the entry 📉 A real short should have liquidation above the entry 📈 If it’s the opposite… that’s a big red flag Don’t get trapped by these fake influencers. The market is already risky ⚠️, one wrong move and you’re liquidated 💥📉 Follow people who show real setups, real risk management, and consistent strategy 📊🧠 — not just screenshots of fake gains. $BTC
✅ The short idea makes sense because: • 70,800–71,000 appears to be a resistance zone. • The market is currently moving sideways (range). • You entered near the top of the range, which is a common short strategy.