Everyone is waiting for an ETH rally, but the charts are telling a different story.
$ETH - SHORT
Entry: 2380 - 2410
SL: 2475
TP1: 2280
TP2: 2150
Price is stuck below the 200 EMA while the MACD shows a bearish crossover on the daily. We're seeing lower highs and shrinking buy volume at every bounce.
Stop hoping for a miracle and trade what you see.
Is ETH ever going to catch up to Bitcoin?
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AIOTUSDT
Perp
0.08103
+2.58%
DAMUSDT
Perp
0.04943
-4.28%
ETHUSDT
Perp
2,265.1
-2.10%