$ETH Trade Setup: Relief Bounce into Resistance 📉
Structure & Momentum:
• 7D Trend: Bearish (-7.8%)
• 24H Range: $2,035 - $2,103 ($2,063 current)
• 4H Setup: Rejected at $2,100 EMA21, lower highs intact
Short Setup (Bearish Continuation):
• Entry: $2,075 - $2,095
• Stop Loss: $2,120 (above 24H high)
• Target 1: $2,035 (local range low)
• Target 2: $1,980 (major liquidity zone)
• R:R: 1:2.4
Until ETH reclaims $2,100 on 4H closes, relief rallies remain vulnerable to seller absorption.
Fading the bounce or waiting for $2,000 to hold? 👇
#Ethereum #Trading #BinanceSquare
Structure & Momentum:
• 7D Trend: Bearish (-7.8%)
• 24H Range: $2,035 - $2,103 ($2,063 current)
• 4H Setup: Rejected at $2,100 EMA21, lower highs intact
Short Setup (Bearish Continuation):
• Entry: $2,075 - $2,095
• Stop Loss: $2,120 (above 24H high)
• Target 1: $2,035 (local range low)
• Target 2: $1,980 (major liquidity zone)
• R:R: 1:2.4
Until ETH reclaims $2,100 on 4H closes, relief rallies remain vulnerable to seller absorption.
Fading the bounce or waiting for $2,000 to hold? 👇
#Ethereum #Trading #BinanceSquare
