📉 ETH — PULLBACK TOWARD LOCAL SUPPORT BELOW MOVING AVERAGES! 🔻
$ETH is trading lower at 2,374.63 (-2.06%, or roughly Rs657,368.82), moving within an active 24-hour range between a high of 2,429.24 and a low of 2,355.00. Price action on this 4-hour chart shows a corrective dip following a rejection near the moving average cluster, currently slipping beneath the fast MA(7) (2,407.59) and MA(25) (2,419.77) lines while staying pinned well below the macro structural MA(99) (2,546.91) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,300.00–2,360.00 (on volume absorption and successful structural defense near local swing support)
🛑 STOP LOSS: 2,270.00
🎯 TP1: 2,480.00
🎯 TP2: 2,580.00
Are you watching for Ethereum to defend these lower support levels and build a reversal base, or looking for continuation lower toward key demand? Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #bearish
$ETH is trading lower at 2,374.63 (-2.06%, or roughly Rs657,368.82), moving within an active 24-hour range between a high of 2,429.24 and a low of 2,355.00. Price action on this 4-hour chart shows a corrective dip following a rejection near the moving average cluster, currently slipping beneath the fast MA(7) (2,407.59) and MA(25) (2,419.77) lines while staying pinned well below the macro structural MA(99) (2,546.91) band.
📊 QUICK TRADE PLAN — 4H
🟢 LONG ENTRY: 2,300.00–2,360.00 (on volume absorption and successful structural defense near local swing support)
🛑 STOP LOSS: 2,270.00
🎯 TP1: 2,480.00
🎯 TP2: 2,580.00
Are you watching for Ethereum to defend these lower support levels and build a reversal base, or looking for continuation lower toward key demand? Let's discuss below! 👇
👉 Trade: $ETH
#Ethereum #ETH #cryptotrading #BinanceSquare #bearish