The daily range keeps capping rallies.

🔴 SHORT $ETH /USDT: expecting price to go DOWN
Bias: SHORT · Leaning

Entry: 2243.50 – 2246.54
TP1: 2205.29 (-1.8%)
TP2: 2178.81 (-2.9%)
TP3: 2139.08 (-4.7%)
SL: 2297.99 (+2.4%)
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: 3/12 agree, 2 against.
• 4h trend down (below EMA50 & EMA200)
• 1h trend down (below EMA50 & EMA200)
• Sellers have the momentum (4h RSI 37.0)
Watch: BTC is rising, this coin follows (corr 0.73)
Watch: The idea is wrong if price reaches the stop at 2297.99

Net read: The 4h bearish stack confirms the swing trend is down, but BTC is rising with strong correlation so ETH could follow it higher.

Where do you see ETH reversing instead?

Full setup on the chart below.

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⚠️ Personal market analysis only. NFA — 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.