Smart money is quietly exiting ($ETH ) while retail traders are still hoping for a bounce. The technicals are flashing a clear warning sign for anyone paying attention.
$ETH – SHORT
🎯 Trade Plan:
Entry Range: $2,042 – $2,060
SL: $2,105
TP1: $1,980
TP2: $1,925
TP3: $1,850
Why this setup?
Market Structure: ETH has broken below the key SuperTrend support at $2,102, confirming a strong bearish trend on the 1H timeframe.
RSI / Momentum: The RSI(6) is extremely oversold at 11.94, but the downward velocity shows no signs of reversal yet—momentum is firmly with the bears.
Liquidity: Having just swept the local low of $2,034, any weak relief rally is likely to be sold off as the market hunts for deeper liquidity.
The Big Debate:
Is this just a final shakeout before a massive pump, or is ($ETH ) headed back to the $1,800 zone? 📉
Watching this closely 👇
#ETH #cryptotrading #bearish #BinanceSquare
$BTC
$SOL
$ETH – SHORT
🎯 Trade Plan:
Entry Range: $2,042 – $2,060
SL: $2,105
TP1: $1,980
TP2: $1,925
TP3: $1,850
Why this setup?
Market Structure: ETH has broken below the key SuperTrend support at $2,102, confirming a strong bearish trend on the 1H timeframe.
RSI / Momentum: The RSI(6) is extremely oversold at 11.94, but the downward velocity shows no signs of reversal yet—momentum is firmly with the bears.
Liquidity: Having just swept the local low of $2,034, any weak relief rally is likely to be sold off as the market hunts for deeper liquidity.
The Big Debate:
Is this just a final shakeout before a massive pump, or is ($ETH ) headed back to the $1,800 zone? 📉
Watching this closely 👇
#ETH #cryptotrading #bearish #BinanceSquare
$BTC
$SOL