$ETH 4H: range support breakdown favors continuation
Price lost near-term range support as selling accelerated from the recent swing high. Acceptance below the broken floor confirms continuation, while a sustained reclaim invalidates the short thesis.
Paper trade, 4H short:
→ entry $2,663.02
→ target $2,602.00 (R:R 1.6)
→ invalidation $2,701.00
#TechnicalAnalysis #PaperTrading
Not advice. DYOR, always.
Price lost near-term range support as selling accelerated from the recent swing high. Acceptance below the broken floor confirms continuation, while a sustained reclaim invalidates the short thesis.
Paper trade, 4H short:
→ entry $2,663.02
→ target $2,602.00 (R:R 1.6)
→ invalidation $2,701.00
#TechnicalAnalysis #PaperTrading
Not advice. DYOR, always.
