$ETH #ETH 📉
Direction: SHORT
Entry zone: 2247.02 to 2256.02
Stop loss: 2285.29
Target 1: 2206.49
Target 2: 2172.72
Ethereum is trading near 2251.52 dollars, down 1.97 percent in 24 hours, inside a range of 2235.31 to 2300.75. My reading is that Ethereum is grinding lower with Bitcoin, because the recent closes stayed flat near the low, 2242.95, then 2253.50, then 2255.24, then 2251.52, which is buyers failing to lift price back toward the middle of the range. 📉 A short from the current zone, with a stop above 2285.29, targets 2206.49 first and then 2172.72 if selling continues. A recovery above 2285.29 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ethereum fall to 2206.49 first, or recover above 2285.29? 🤔
Follow for more trades.
#Ethereum #Crypto #FuturesTrading #TradingSignals
Direction: SHORT
Entry zone: 2247.02 to 2256.02
Stop loss: 2285.29
Target 1: 2206.49
Target 2: 2172.72
Ethereum is trading near 2251.52 dollars, down 1.97 percent in 24 hours, inside a range of 2235.31 to 2300.75. My reading is that Ethereum is grinding lower with Bitcoin, because the recent closes stayed flat near the low, 2242.95, then 2253.50, then 2255.24, then 2251.52, which is buyers failing to lift price back toward the middle of the range. 📉 A short from the current zone, with a stop above 2285.29, targets 2206.49 first and then 2172.72 if selling continues. A recovery above 2285.29 kills the idea without debate.
Futures trading is risky. Trade small, use a stop loss, and do your own research. This is my reading, not a guaranteed signal.
Does Ethereum fall to 2206.49 first, or recover above 2285.29? 🤔
Follow for more trades.
#Ethereum #Crypto #FuturesTrading #TradingSignals
