ETH is overextended below its short-term average
🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 2362.44 – 2365.66
TP1: 2337.28 (-1.1%)
TP2: 2319.43 (-1.9%)
TP3: 2292.66 (-3.0%)
SL: 2399.74 (+1.5%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 6/12 signals agree, 2 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 0.95)
Risk: Far below its average, bounce likely (−3.2 ATR from 1h EMA50)
If it plays out:
If it works, price keeps falling and the 4h trend stays bearish, pushing toward the first target while sellers keep the momentum
If it fails:
A sharp bounce back above the entry invalidates it, so I would close the short and wait
Where do you see ETH finding support?
Levels mapped on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning
Entry: 2362.44 – 2365.66
TP1: 2337.28 (-1.1%)
TP2: 2319.43 (-1.9%)
TP3: 2292.66 (-3.0%)
SL: 2399.74 (+1.5%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? 6/12 signals agree, 2 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• BTC is falling, this coin follows (corr 0.95)
Risk: Far below its average, bounce likely (−3.2 ATR from 1h EMA50)
If it plays out:
If it works, price keeps falling and the 4h trend stays bearish, pushing toward the first target while sellers keep the momentum
If it fails:
A sharp bounce back above the entry invalidates it, so I would close the short and wait
Where do you see ETH finding support?
Levels mapped on the chart below.
📲 Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
⚠️ Personal market analysis only. NFA — manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
