๐จ $ETH / USDT โ Bearish Continuation Setup (1H) ๐
Ethereum is facing strong selling pressure after getting rejected from the $2,080 resistance zone. The 1H structure is showing bearish weakness, with sellers dominating the order book at 89.62% Ask pressure.
I'm watching for a confirmed breakdown below local support before considering a short entry.
๐ Trade Setup:
๐ด Direction: SHORT
๐ฏ Entry: $2,017.09 (on breakdown)
๐ Stop Loss: $2,053.77
๐ฐ Take Profit: $1,952.35
โ๏ธ Risk/Reward: 1:1.76
Trade Management:
Wait for confirmation before entering. Avoid chasing the move, and manage your risk carefully.
What's your current bias on ETH โ BULLISH ๐ข or BEARISH ๐ด?
#ETH #Ethereum #ETHUSDT #CryptoTrading #BinanceFutures
Ethereum is facing strong selling pressure after getting rejected from the $2,080 resistance zone. The 1H structure is showing bearish weakness, with sellers dominating the order book at 89.62% Ask pressure.
I'm watching for a confirmed breakdown below local support before considering a short entry.
๐ Trade Setup:
๐ด Direction: SHORT
๐ฏ Entry: $2,017.09 (on breakdown)
๐ Stop Loss: $2,053.77
๐ฐ Take Profit: $1,952.35
โ๏ธ Risk/Reward: 1:1.76
Trade Management:
Wait for confirmation before entering. Avoid chasing the move, and manage your risk carefully.
What's your current bias on ETH โ BULLISH ๐ข or BEARISH ๐ด?
#ETH #Ethereum #ETHUSDT #CryptoTrading #BinanceFutures
