$ETH Chart shows Ethereum trending upward (+2.22%) toward the upper boundary of its current trading range, trading around 2736. The price is currently maintaining levels above its key short term moving averages MA 7 at 2725, MA 25 at 2703, and MA 99 at 2688. With market structure oscillating within a sideways consolidation phase between 2665 - 2770, a push toward overhead resistance is expected to encounter selling pressure, offering a potential short entry setup as momentum stalls near local highs
👉Entry Short: 2758 - 2780
💥Stop Loss: > 2810
🎉TP1: 2686 - 2706
🎉TP2 : 2630 - 2648
💥Disclaimer: Technical analysis is provided for educational and informational purposes only. Trading cryptocurrency futures involves significant market risk. Always implement strict risk management and set stop loss orders on every position.