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$ETHW SHORT: COILED SPRING READY TO SNAP DOWN! 🐻 ⚡
Entry: 0.2303 ⚡
Target: 0.2265 🎯
Stop Loss: 0.2379 ⚠️
📊 This volatility compression is textbook — tight range, low volume, RSI stuck at 47.6 with EMA20/50 alignment all tilting south. 🔍 The last four times
$ETHW squeezed like this, it broke sharply lower and swept liquidity below the range. The spring is wound tight, and the path of least resistance points straight down.
💡 I’m 80% confident the higher-timeframe downtrend resumes here, with a clean 1:2 risk-to-reward to the first target. ⏱️ The moment we lose 0.2303 support, expect a cascade toward 0.2227 and 0.2189. 💬 Are you riding this breakdown or waiting for a dead-cat bounce? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
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#ETHW #ShortSetup #Crypto #Bearish #Trading 🐻 🎯