🔴 SHORT $ETH/USDT
Bias: Bearish (Moderate Conviction — Keep position size light)
📍 Entry Zone: $2,310.34 – $2,313.56
🎯 TP1: $2,284.58 (-1.2%)
🎯 TP2: $2,266.33 (-2.0%)
🎯 TP3: $2,238.95 (-3.2%)
🛑 Stop Loss: $2,348.45 (+1.6%)
⚙️ Execution Strategy:
Entry: Strictly inside the specified entry range.
Take-Profit Breakdown: Close 50% at TP1 | Close 25% at TP2 | Close 25% at TP3.
Risk Management: Move Stop Loss to Breakeven (Entry) immediately after TP1 is hit.
📊 Trade Rationale:
Confluence: 3/12 indicators aligned short (0 opposed).
Trend: Both 1H and 4H timeframes are trading below EMA 50 & EMA 200.
Momentum: Bearish control (4H RSI at 39.1; current 1H price ~$2,311.95).
Context: Daily timeframe is ranging, but range contractions typically end with a sharp expansion move.
$ETH
#BinancePick #EarningsSeason
Bias: Bearish (Moderate Conviction — Keep position size light)
📍 Entry Zone: $2,310.34 – $2,313.56
🎯 TP1: $2,284.58 (-1.2%)
🎯 TP2: $2,266.33 (-2.0%)
🎯 TP3: $2,238.95 (-3.2%)
🛑 Stop Loss: $2,348.45 (+1.6%)
⚙️ Execution Strategy:
Entry: Strictly inside the specified entry range.
Take-Profit Breakdown: Close 50% at TP1 | Close 25% at TP2 | Close 25% at TP3.
Risk Management: Move Stop Loss to Breakeven (Entry) immediately after TP1 is hit.
📊 Trade Rationale:
Confluence: 3/12 indicators aligned short (0 opposed).
Trend: Both 1H and 4H timeframes are trading below EMA 50 & EMA 200.
Momentum: Bearish control (4H RSI at 39.1; current 1H price ~$2,311.95).
Context: Daily timeframe is ranging, but range contractions typically end with a sharp expansion move.
$ETH
#BinancePick #EarningsSeason
