📉 $ETHFI — Bearish Short Setup | Rejection Keeps Sellers in Focus
SHORT 🔴
ETHFI has pulled back after failing to hold above $0.70, with renewed selling pressure emerging near the $0.68 zone. If sellers maintain control and support continues to weaken, the price could move toward lower support levels.
📍 Entry Zone: $0.6770 – $0.6880
🛑 Stop Loss (SL): $0.7202
🎯 Take Profit Targets:
- TP1: $0.6600
- TP2: $0.6300
- TP3: $0.6004
📉 Market Analysis:
The rejection above $0.70 suggests buyers have struggled to sustain the recovery. Price is now trading around a key short-term area near $0.68, where the next move could determine whether bearish momentum continues.
If sellers defend the $0.6770–$0.6880 entry zone and downward pressure increases, the first target is $0.6600, followed by $0.6300 and potentially $0.6004. However, buyers could still regain control if the price rebounds and reclaims resistance.
🔑 Key Levels:
- Major Resistance: $0.7000
- Entry Zone: $0.6770 – $0.6880
- Downside Targets: $0.6600 → $0.6300 → $0.6004
- Invalidation: $0.7202
⚠️ Risk Note: Wait for bearish confirmation before entering. A recovery above $0.6880 could weaken the setup, while a move toward $0.7202 would invalidate it. Use disciplined position sizing and manage risk carefully.
Bearish Bias: Downside continuation remains possible if sellers maintain control and the $0.68 area fails to hold.
Sell and Trade $ETHFI here 👇
DYOR.
SHORT 🔴
ETHFI has pulled back after failing to hold above $0.70, with renewed selling pressure emerging near the $0.68 zone. If sellers maintain control and support continues to weaken, the price could move toward lower support levels.
📍 Entry Zone: $0.6770 – $0.6880
🛑 Stop Loss (SL): $0.7202
🎯 Take Profit Targets:
- TP1: $0.6600
- TP2: $0.6300
- TP3: $0.6004
📉 Market Analysis:
The rejection above $0.70 suggests buyers have struggled to sustain the recovery. Price is now trading around a key short-term area near $0.68, where the next move could determine whether bearish momentum continues.
If sellers defend the $0.6770–$0.6880 entry zone and downward pressure increases, the first target is $0.6600, followed by $0.6300 and potentially $0.6004. However, buyers could still regain control if the price rebounds and reclaims resistance.
🔑 Key Levels:
- Major Resistance: $0.7000
- Entry Zone: $0.6770 – $0.6880
- Downside Targets: $0.6600 → $0.6300 → $0.6004
- Invalidation: $0.7202
⚠️ Risk Note: Wait for bearish confirmation before entering. A recovery above $0.6880 could weaken the setup, while a move toward $0.7202 would invalidate it. Use disciplined position sizing and manage risk carefully.
Bearish Bias: Downside continuation remains possible if sellers maintain control and the $0.68 area fails to hold.
Sell and Trade $ETHFI here 👇
DYOR.