$ETH | SHORT
📍 Entry Zone: 2,315.00 - 2,325.00 🛑 Stop Loss: 2,355.00 🎯 TP1: 2,293.40 🎯 TP2: 2,282.46 🎯 TP3: 2,260.00
📊 Analysis: Price action remains under pressure below the descending MA trendlines, with MA(7) and MA(25) acting as immediate dynamic resistance. Following a recent rejection near the 2,333 level, momentum favors continuation downward toward the 2,293 24-hour low and prior swing support at 2,282.46. The setup invalidates if buyers reclaim and hold above the 2,355 resistance zone.
💬 Are you expecting a breakdown below the 2,282 support, or will buyers step in here for another bounce?
DYOR | NFA
$ETH
📍 Entry Zone: 2,315.00 - 2,325.00 🛑 Stop Loss: 2,355.00 🎯 TP1: 2,293.40 🎯 TP2: 2,282.46 🎯 TP3: 2,260.00
📊 Analysis: Price action remains under pressure below the descending MA trendlines, with MA(7) and MA(25) acting as immediate dynamic resistance. Following a recent rejection near the 2,333 level, momentum favors continuation downward toward the 2,293 24-hour low and prior swing support at 2,282.46. The setup invalidates if buyers reclaim and hold above the 2,355 resistance zone.
💬 Are you expecting a breakdown below the 2,282 support, or will buyers step in here for another bounce?
DYOR | NFA
$ETH
