🔴 $ETH — SHORT
📍 Entry 2,435.2
🛑 Stop 2,499.5 (-2.64%)
🎯 TP1 2,409.5 (+1.06%)
🎯 TP2 2,263.5 (+7.05%)
🎯 TP3 2,069.9 (+15.00%)
⚖️ R:R 2.9 · S/R bounce
🧠 The 1d trend is lower highs and lower lows, and price has run into 4h:R:1 (4 touches, 0 crossings) with 1d:R:1 overlapping above it. Risk to a stop above 2493.48 is about 64, against about 128 to TP1 in front of the 4h:S:1 zone top. The 1h rejected 2449.95 and has printed lower highs since, with RSI at 71 and the MACD histogram falling, so exhaustion into resistance is showing now.
📊 1D / 4H / 1H charts attached.
#eth #crypto #signals
📍 Entry 2,435.2
🛑 Stop 2,499.5 (-2.64%)
🎯 TP1 2,409.5 (+1.06%)
🎯 TP2 2,263.5 (+7.05%)
🎯 TP3 2,069.9 (+15.00%)
⚖️ R:R 2.9 · S/R bounce
🧠 The 1d trend is lower highs and lower lows, and price has run into 4h:R:1 (4 touches, 0 crossings) with 1d:R:1 overlapping above it. Risk to a stop above 2493.48 is about 64, against about 128 to TP1 in front of the 4h:S:1 zone top. The 1h rejected 2449.95 and has printed lower highs since, with RSI at 71 and the MACD histogram falling, so exhaustion into resistance is showing now.
📊 1D / 4H / 1H charts attached.
#eth #crypto #signals
