🔴$ETH /USDT · Bias: SHORT
The 4h and 1h trends both point lower for ETH.
$ETH
Entry: 2246.12 – 2248.26
TP1: 2221.23 (-1.2%)
TP2: 2203.92 (-1.9%)
TP3: 2177.97 (-3.1%)
SL: 2281.80 (+1.5%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 below EMA200, a bearish stack meaning the swing trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
The 4h and 1h trends both point lower for ETH.
$ETH
Entry: 2246.12 – 2248.26
TP1: 2221.23 (-1.2%)
TP2: 2203.92 (-1.9%)
TP3: 2177.97 (-3.1%)
SL: 2281.80 (+1.5%)
Note: moderate conviction only, keep size light.
Why: The 4h trend shows price below EMA50 below EMA200, a bearish stack meaning the swing trend is down.
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.