ETH has room to slide before a bounce.

🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 2264.46 – 2266.46
TP1: 2241.30 (-1.1%)
TP2: 2225.20 (-1.8%)
TP3: 2201.04 (-2.8%)
SL: 2297.67 (+1.4%)
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? ETH checklist: 2/12 agree, 1 against.
• 4h trend down (below EMA50 & EMA200)
• Sellers are driving the move (15m ADX 28.4)
Watch: BTC is rising, this coin follows (corr 0.81)
Watch: The idea is wrong if price reaches the stop at 2297.67

Verdict: The 4h bearish stack and strong seller momentum support the short, but BTC is rising and this coin tends to follow. Conviction is moderate.

Where do you set your level on ETH?

Full setup 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.