$EWT AT A DECISION POINT — BEARS ARE WATCHING
EWT is hovering near $104 with RSI at 58 and price sitting around the EMA20. If buyers fail to reclaim and hold the upper range, a deeper pullback could be next.
SHORT SETUP: Entry: $103.45 – $104.49 SL: $109.71 TP1: $93.97 TP2: $87.52 TP3: $78.83
Key level: $104.50. Lose the zone, and downside momentum could accelerate.
Trade the levels. Manage risk.
$EWT
EWT is hovering near $104 with RSI at 58 and price sitting around the EMA20. If buyers fail to reclaim and hold the upper range, a deeper pullback could be next.
SHORT SETUP: Entry: $103.45 – $104.49 SL: $109.71 TP1: $93.97 TP2: $87.52 TP3: $78.83
Key level: $104.50. Lose the zone, and downside momentum could accelerate.
Trade the levels. Manage risk.
$EWT