$ETH Short 10x | Active entry zone, with stop logic clearly defined.
ETH has hit the critical zone where I seek seller confirmation, not mere optimism. I’m already in the trade, but a breach of the supply zone would invalidate the setup quickly.
Trade Plan:
- Entry: 2617.17416 – 2620.50998
- TP1: 2606.83310 (R:R 1:0.7)
- TP2: 2598.82711 (R:R 1:1.2)
- TP3: 2586.81814 (R:R 1:2.0)
- SL: 2634.85404
Why this setup?
- The short setup holds on 4h, with price action contained within 2617.17416–2620.50998, while the daily trend remains bullish.
- The 15m RSI at 37 indicates potential for sellers to push lower, provided they defend the level.
- Current volume at 0.30x, with 6.52K traded against 21.79K projected, shows solid participation backing this move.
Trade here 👇 and Will the supply hold firm here, or are we about to test invalidation?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
ETH has hit the critical zone where I seek seller confirmation, not mere optimism. I’m already in the trade, but a breach of the supply zone would invalidate the setup quickly.
Trade Plan:
- Entry: 2617.17416 – 2620.50998
- TP1: 2606.83310 (R:R 1:0.7)
- TP2: 2598.82711 (R:R 1:1.2)
- TP3: 2586.81814 (R:R 1:2.0)
- SL: 2634.85404
Why this setup?
- The short setup holds on 4h, with price action contained within 2617.17416–2620.50998, while the daily trend remains bullish.
- The 15m RSI at 37 indicates potential for sellers to push lower, provided they defend the level.
- Current volume at 0.30x, with 6.52K traded against 21.79K projected, shows solid participation backing this move.
Trade here 👇 and Will the supply hold firm here, or are we about to test invalidation?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
