$ETH is approaching $2,300 as weekend liquidity thins
Short Position | ETH/USDT Perpetual
Leverage: 50x Cross
Entry: $2,350–$2,365
Target: $2,300
Stop Loss: $2,375
Market Setup
ETH is showing downside momentum on the daily chart after facing rejection near the $2,800 region. Price has fallen toward $2,350, with selling pressure remaining elevated.
With weekend liquidity typically thinner, sharp price swings and liquidity sweeps are possible in either direction. A move toward $2,300 is the downside target, but confirmation from continued selling pressure would strengthen the setup.
At 50x leverage, risk is extremely high. The liquidation price shown in the position screenshot is around $2,393.76, which is close to the entry. A brief upward spike could trigger liquidation before the target is reached.
Trade carefully and avoid adding to the position without a clear invalidation level.
@CryptoNewsHQ
Short Position | ETH/USDT Perpetual
Leverage: 50x Cross
Entry: $2,350–$2,365
Target: $2,300
Stop Loss: $2,375
Market Setup
ETH is showing downside momentum on the daily chart after facing rejection near the $2,800 region. Price has fallen toward $2,350, with selling pressure remaining elevated.
With weekend liquidity typically thinner, sharp price swings and liquidity sweeps are possible in either direction. A move toward $2,300 is the downside target, but confirmation from continued selling pressure would strengthen the setup.
At 50x leverage, risk is extremely high. The liquidation price shown in the position screenshot is around $2,393.76, which is close to the entry. A brief upward spike could trigger liquidation before the target is reached.
Trade carefully and avoid adding to the position without a clear invalidation level.
@CryptoNewsHQ