$BTC & ETH – Both rallies pushing into resistance as upside momentum begins to slow
Trading Plan Short $BTC
Entry: 72800 – 74400
SL: 75500
TP: 70500
TP: 68000
TP: 65000
Trading Plan Short $ETH
Entry: 2220 – 2310
SL: 2380
TP: 2140
TP: 2050
TP: 1950
Both moves higher have been strong but the rallies are starting to look a bit stretched around these zones. Buyers managed to keep the push going for a while, though the follow-through is beginning to weaken and the structure is turning more choppy. Instead of a clean continuation higher, price is starting to grind up into resistance. Sellers appear to be gradually leaning back into the market, and when momentum begins to fade like this it often leads to a pullback once buying pressure cools off.
ETHUSDT
Perp
2,318.24
-0.42%
BTCUSDT
Perp
77,522.8
-0.56%