🔴 $ETH /USDT · Bias: SHORT
ETH price is below both EMAs on the 4h, so the swing trend points down.

Entry: 2104.28 – 2110.50
TP1: 2064.38 (-2.0%)
TP2: 2035.70 (-3.4%)
TP3: 1992.69 (-5.4%)
SL: 2164.74 (+2.7%)

Why: ADX 40.7 with sellers in control means the directional movement index shows strong selling pressure.
Risk: Price is washed out, bounces are common from here (4h RSI 22.7, oversold)
Plan: close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.

Do you see room for more downside from here?


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Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.