ETH is wrestling below the 1700‑level, testing a fresh supply zone after yesterday’s rally fizzled. The price is now perched on a fragile swing low that could flip the market lower.
🔴 $ETH SHORT 📉
Entry → $2,633.12-$2,638.40
Stop → $2,714.83 (-3.0%)
TP1 → $2,596.22 (+1.5%)
TP2 → $2,503.97 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear CHoCH appeared as ETH broke the 1725 swing high, and the CVD turned negative confirming the down‑trend. The break coincides with a bearish FVG and an order block that sits right at the 1695‑1700 area, creating a POI where the OB and FVG overlap. With the structure now in a lower high‑low pattern, the short bias feels solid.
A 3.0% stop is relatively tight on this swing, so using 2‑3x leverage keeps risk manageable.
Take partial profit around the first target near 1660 to lock in early gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ETH #ETHUSDT #SMC #TradingSignals #Write2Earn
🔴 $ETH SHORT 📉
Entry → $2,633.12-$2,638.40
Stop → $2,714.83 (-3.0%)
TP1 → $2,596.22 (+1.5%)
TP2 → $2,503.97 (+5.0%)
R/R 1:1.7 • Confidence 64%
A clear CHoCH appeared as ETH broke the 1725 swing high, and the CVD turned negative confirming the down‑trend. The break coincides with a bearish FVG and an order block that sits right at the 1695‑1700 area, creating a POI where the OB and FVG overlap. With the structure now in a lower high‑low pattern, the short bias feels solid.
A 3.0% stop is relatively tight on this swing, so using 2‑3x leverage keeps risk manageable.
Take partial profit around the first target near 1660 to lock in early gains.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$ETH #ETHUSDT #SMC #TradingSignals #Write2Earn