๐จ ETH Technical Breakdown Alert! ๐จ
$ETH is showing bearish pressure on the 4H chart, trading around 2,387 after dropping to 2,357. Price remains below the MA7 (2,405.83), MA25 (2,478.08) and MA99 (2,472.24), keeping the short-term structure under pressure.
๐ Trade Setup (4H)
๐ด Direction: SHORT
๐ฏ Entry: 2,395โ2,425
๐ Stop Loss: 2,480
๐ฏ TP1: 2,357
๐ฏ TP2: 2,342
๐ก A rejection around 2,405โ2,425 could keep sellers in control and send ETH back toward 2,357. A strong 4H close above 2,478 would weaken this bearish setup.
๐ Do you think ETH will break below 2,357 or reclaim 2,425?
๐ Click here for trade:
$ETH
#ETH #ETHUSDT #cryptotrading #BinanceSquare #TechnicalAnalysis
$ETH is showing bearish pressure on the 4H chart, trading around 2,387 after dropping to 2,357. Price remains below the MA7 (2,405.83), MA25 (2,478.08) and MA99 (2,472.24), keeping the short-term structure under pressure.
๐ Trade Setup (4H)
๐ด Direction: SHORT
๐ฏ Entry: 2,395โ2,425
๐ Stop Loss: 2,480
๐ฏ TP1: 2,357
๐ฏ TP2: 2,342
๐ก A rejection around 2,405โ2,425 could keep sellers in control and send ETH back toward 2,357. A strong 4H close above 2,478 would weaken this bearish setup.
๐ Do you think ETH will break below 2,357 or reclaim 2,425?
๐ Click here for trade:
$ETH
#ETH #ETHUSDT #cryptotrading #BinanceSquare #TechnicalAnalysis
