Future Trading Plan (Step-by-Step)
ENTER SHORT
1. Price has rejected 2975–3000
2. Look for a bearish candle formation (wick rejection or engulfing)
3. The EMA 20 remains below EMA 50.
📥 Entry Price Point 2960 to 2980
🛑 Stop Loss Price Point 3030
🎯 Target Price Points
Target 1 -2880
Target 2 - 2800
Target 3 - 2700 (if panic selling occurs).
📉 Expected Risk/Reward = 1 to 3
Resistance Areas:
2975 to 3000--(EMA 50 + Horizontal Resistance)
3050–3100– Strong rejection area.
Support Area
Local support 2900 to 2880
Major demand zone 2800 to 2750
ETH
2,262.93
-2.24%