$ETH - SHORT pressure building (x30)
Real talk: $ETH is hugging its long-term average and that is not the same as a trend.
Price sits 2.9% under the 200 EMA on the 30-minute, so the trend is only getting started. What gets me here is longs paying 0.01% funding while price stalls.
Anyone watching 2239.87 instead of the entry zone?
Setup:
Entry: 2239.87–2244.29
TP1: 2218
TP2: 2198
TP3: 2179
SL: 2266.02
⚠️ Personal market insight, not investment advice. DYOR.
Real talk: $ETH is hugging its long-term average and that is not the same as a trend.
Price sits 2.9% under the 200 EMA on the 30-minute, so the trend is only getting started. What gets me here is longs paying 0.01% funding while price stalls.
Anyone watching 2239.87 instead of the entry zone?
Setup:
Entry: 2239.87–2244.29
TP1: 2218
TP2: 2198
TP3: 2179
SL: 2266.02
⚠️ Personal market insight, not investment advice. DYOR.
