Oversold is not a buy signal when every average is a ceiling.
🔴 $ETH - SHORT
This isn’t a watchlist idea—I’m already positioned and following this exact roadmap.
Trade Plan:
Current Price: ~$2,336
Entry Zone: $2,330 – $2,420
SL: $2,490
TP1: $2,266 | TP2: $2,200 | TP3: $2,120
Why this setup?
4H structure: ETH is compressing against the lower Bollinger band near $2,300 while the short-to-medium moving average stack sits overhead as resistance. Band-walks lower are more common than clean reversals from this position.
15m RSI is printing a lower high near 42 while price makes a marginal higher high into the entry zone — a clean bearish divergence at the point of maximum friction.
15m volume on the bounce is 0.6x average. Sellers are letting the market drift up into their limit orders; there is no aggressive bid absorbing supply.
If $2,266 breaks, does the 200-day near $2,159 become the real battlefield, or does $2,200 front-run it?
Click below for trade 👇
DYOR & manage risk!
$ETH
🔴 $ETH - SHORT
This isn’t a watchlist idea—I’m already positioned and following this exact roadmap.
Trade Plan:
Current Price: ~$2,336
Entry Zone: $2,330 – $2,420
SL: $2,490
TP1: $2,266 | TP2: $2,200 | TP3: $2,120
Why this setup?
4H structure: ETH is compressing against the lower Bollinger band near $2,300 while the short-to-medium moving average stack sits overhead as resistance. Band-walks lower are more common than clean reversals from this position.
15m RSI is printing a lower high near 42 while price makes a marginal higher high into the entry zone — a clean bearish divergence at the point of maximum friction.
15m volume on the bounce is 0.6x average. Sellers are letting the market drift up into their limit orders; there is no aggressive bid absorbing supply.
If $2,266 breaks, does the 200-day near $2,159 become the real battlefield, or does $2,200 front-run it?
Click below for trade 👇
DYOR & manage risk!
$ETH
