🔴 $ETH /USDT · Bias: SHORT
The 4h trend is bearish with price below both EMAs, pointing lower for ETH.

Entry: 2236.95 – 2238.23
TP1: 2224.86 (-0.6%)
TP2: 2216.38 (-0.9%)
TP3: 2203.66 (-1.5%)
SL: 2254.56 (+0.8%)
Note: moderate conviction only, keep size light.

Why: The 4h trend shows price below EMA50 and EMA200 in a bearish stack, meaning the swing trend is clearly down.
Risk: BTC is rising, this coin follows (corr 0.86)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

What is your view on this short setup at the entry level?


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