$ETH /USDT
Market Bias: Bearish 🔻
ETH is showing strong selling pressure, with the price trading below key moving averages. A short-term relief bounce is possible, but the overall trend remains bearish.
🔻 Plan A: SHORT (Preferred Setup)
Entry Zone: $2,370–$2,385
Stop Loss: $2,405
Take Profit 1: $2,350
Take Profit 2: $2,325
Take Profit 3: $2,250
Entry Confirmation: Wait for bearish rejection within the entry zone on the 15-minute chart before entering.
🟢 Plan B: LONG (Only After Confirmation)
Entry: Above $2,385 after a strong 15-minute candle close and successful retest
Stop Loss: $2,365
Take Profit 1: $2,405
Take Profit 2: $2,420
Take Profit 3: $2,450
🎯 Final Decision
My preference is to wait for a pullback toward $2,370–$2,385 and look for a confirmed SHORT setup.
A rejection from resistance may favor further downside.
A confirmed breakdown below $2,320 may create another SHORT opportunity.
A strong breakout above $2,385 with a successful retest could invalidate the immediate bearish setup.
Market Bias: Bearish 🔻
ETH is showing strong selling pressure, with the price trading below key moving averages. A short-term relief bounce is possible, but the overall trend remains bearish.
🔻 Plan A: SHORT (Preferred Setup)
Entry Zone: $2,370–$2,385
Stop Loss: $2,405
Take Profit 1: $2,350
Take Profit 2: $2,325
Take Profit 3: $2,250
Entry Confirmation: Wait for bearish rejection within the entry zone on the 15-minute chart before entering.
🟢 Plan B: LONG (Only After Confirmation)
Entry: Above $2,385 after a strong 15-minute candle close and successful retest
Stop Loss: $2,365
Take Profit 1: $2,405
Take Profit 2: $2,420
Take Profit 3: $2,450
🎯 Final Decision
My preference is to wait for a pullback toward $2,370–$2,385 and look for a confirmed SHORT setup.
A rejection from resistance may favor further downside.
A confirmed breakdown below $2,320 may create another SHORT opportunity.
A strong breakout above $2,385 with a successful retest could invalidate the immediate bearish setup.