$ETH Short 10x | Sellers are actively defending the level I was eyeing.
ETH has reached the precise zone where the trade setup becomes actionable. I’m currently in the short, with a clear invalidation point guiding my exit strategy.
Trade Plan:
- Entry: 2614.60000 – 2620.00000
- TP1: 2591.70000 (R:R 1:0.8)
- TP2: 2574.70000 (R:R 1:1.2)
- TP3: 2549.10000 (R:R 1:2.0)
- SL: 2651.40000
Why this setup?
- This is fundamentally a location trade: 4h short structure, bullish daily backdrop, and price reacting from 2614.60000–2620.00000.
- RSI15 at 53 provides room for sellers to push lower, contingent on maintaining control.
- Volume is at 4.00x, with 22.31K traded versus 5.58K anticipated, validating the active participation.
Trade here 👇 and how do you see this: a well-structured short, or a potential trap for late sellers?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
ETH has reached the precise zone where the trade setup becomes actionable. I’m currently in the short, with a clear invalidation point guiding my exit strategy.
Trade Plan:
- Entry: 2614.60000 – 2620.00000
- TP1: 2591.70000 (R:R 1:0.8)
- TP2: 2574.70000 (R:R 1:1.2)
- TP3: 2549.10000 (R:R 1:2.0)
- SL: 2651.40000
Why this setup?
- This is fundamentally a location trade: 4h short structure, bullish daily backdrop, and price reacting from 2614.60000–2620.00000.
- RSI15 at 53 provides room for sellers to push lower, contingent on maintaining control.
- Volume is at 4.00x, with 22.31K traded versus 5.58K anticipated, validating the active participation.
Trade here 👇 and how do you see this: a well-structured short, or a potential trap for late sellers?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
