Is ETH ready to drop from this range?
๐ด SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT ยท Leaning
Entry: 2396.72 โ 2400.00
TP1: 2368.95 (-1.2%)
TP2: 2349.34 (-2.0%)
TP3: 2319.92 (-3.3%)
SL: 2437.58 (+1.6%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? ETH checklist: 4/12 agree, 0 against.
โข 4h trend down (below EMA50 & EMA200)
โข 1h trend down (below EMA50 & EMA200)
โข Sellers have the momentum (4h RSI 44.6)
Watch: The idea is wrong if price reaches the stop at 2437.58
Bottom line: The 4h bearish stack and the 4h RSI below 45 show sellers have momentum, but the daily trend is a mixed range and the 1h RSI is neutral, so conviction is moderate.
Where would you place your stop on this short?
Chart with every level below.
๐ฒ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
โ ๏ธ Personal market analysis only. NFA โ manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.
๐ด SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT ยท Leaning
Entry: 2396.72 โ 2400.00
TP1: 2368.95 (-1.2%)
TP2: 2349.34 (-2.0%)
TP3: 2319.92 (-3.3%)
SL: 2437.58 (+1.6%)
Plan: enter only inside the zone, close 50% at TP1, 25% at TP2, 25% at TP3, and move the stop to entry after TP1.
Note: moderate conviction only, keep size light.
Why SHORT? ETH checklist: 4/12 agree, 0 against.
โข 4h trend down (below EMA50 & EMA200)
โข 1h trend down (below EMA50 & EMA200)
โข Sellers have the momentum (4h RSI 44.6)
Watch: The idea is wrong if price reaches the stop at 2437.58
Bottom line: The 4h bearish stack and the 4h RSI below 45 show sellers have momentum, but the daily trend is a mixed range and the 1h RSI is neutral, so conviction is moderate.
Where would you place your stop on this short?
Chart with every level below.
๐ฒ Want more of my latest signals? Join me here:
https://app.binance.com/uni-qr/D26WbL9t
โ ๏ธ Personal market analysis only. NFA โ manage risk and DYOR.
Educational content, not investment advice or a recommendation to buy, sell, deposit, or withdraw any asset. No paid promotion or referral/affiliate links.