Trade setup $ETH Short🔴
✅Entry Zone: 2,090.00 – 2,120.00
Target 1: 2,025.00
Target 2: 1,980.00
🛑Stop Loss: $2,165.00
Market Statistics (24h):
24h High: $2,198.16
24h Low: $2,062.94
24h Vol (ETH): 302,897.37
24h Vol (USDT): 649.32M
Technical Overview:
$ETH is showing significant weakness on the 4H chart after a sharp rejection from the $2,200 level. The price has aggressively broken below all major moving averages (EMA 7, 25, and 99), which are now beginning to curl downward. The recent large red candle indicates strong distribution and a shift in sentiment toward the bears.
Sentiment:
Bearish. The trend has flipped negative following the breakdown of the $2,127 support (EMA 99). Expect further downside if the price fails to reclaim the $2,100 psychological level. Trade carefully and manage risk!
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