🔴 $ETH /USDT SHORT SETUP – Sellers Targeting Further Downside! 📉
I am watching a short opportunity on $ETH/USDT around the 2233.93–2235.75 entry zone.
The 4H chart shows a bearish structure, with price trading below both EMA50 and EMA200. This indicates that sellers currently have control of the overall trend.
📉 Trade Setup
🔴 Direction: SHORT
* Entry Zone: 2233.93 – 2235.75
* TP1: 2216.36 (-0.8%)
* TP2: 2204.04 (-1.4%)
* TP3: 2185.56 (-2.2%)
* Stop Loss: 2259.48 (+1.1%)
📊 Why I Like This Setup
* 4H price is below EMA50 and EMA200.
* Both EMAs indicate bearish momentum.
* The overall swing trend remains downward.
* Sellers may push ETH toward the lower support zones.
⚠️ Important Risk
Price is approaching the range bottom, where buyers may step in and create a temporary bounce. RSI Z-score at -4.49 also signals stretched downside conditions.
🎯 My Trade Management Plan
* Close 50% of the position at TP1.
* Close 25% at TP2.
* Close the remaining 25% at TP3.
* After TP1, move the stop loss to breakeven (entry).
My View: I prefer waiting for price to confirm rejection around the entry zone rather than chasing the move. Risk management is especially important near range support.
Do you think this short entry at 2233.93 makes sense? 👀
#ETH #Ethereum #ETHUSDT #CryptoTrading #BinanceSquare #ShortSetup #TechnicalAnalysis
Educational information only. Not financial advice. Always DYOR and manage your risk.#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime
I am watching a short opportunity on $ETH/USDT around the 2233.93–2235.75 entry zone.
The 4H chart shows a bearish structure, with price trading below both EMA50 and EMA200. This indicates that sellers currently have control of the overall trend.
📉 Trade Setup
🔴 Direction: SHORT
* Entry Zone: 2233.93 – 2235.75
* TP1: 2216.36 (-0.8%)
* TP2: 2204.04 (-1.4%)
* TP3: 2185.56 (-2.2%)
* Stop Loss: 2259.48 (+1.1%)
📊 Why I Like This Setup
* 4H price is below EMA50 and EMA200.
* Both EMAs indicate bearish momentum.
* The overall swing trend remains downward.
* Sellers may push ETH toward the lower support zones.
⚠️ Important Risk
Price is approaching the range bottom, where buyers may step in and create a temporary bounce. RSI Z-score at -4.49 also signals stretched downside conditions.
🎯 My Trade Management Plan
* Close 50% of the position at TP1.
* Close 25% at TP2.
* Close the remaining 25% at TP3.
* After TP1, move the stop loss to breakeven (entry).
My View: I prefer waiting for price to confirm rejection around the entry zone rather than chasing the move. Risk management is especially important near range support.
Do you think this short entry at 2233.93 makes sense? 👀
#ETH #Ethereum #ETHUSDT #CryptoTrading #BinanceSquare #ShortSetup #TechnicalAnalysis
Educational information only. Not financial advice. Always DYOR and manage your risk.#JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook #WillAnthropicListOnTime
