$ETH /USDT Trading Plan (Short)
#ETH is showing strong bearish momentum and is currently trading near the lower Bollinger Band region, indicating sustained downside pressure. Price action suggests sellers are in control, with recent structure breaking key support levels and reinforcing a bearish short-term trend.
ETH
1,770.51
-2.76%
Entry Zone: 1860 – 1870
Stop Loss: 1950
Take Profit Targets:
TP1: 1770
TP2: 1720
TP3: 1670
Market data shows aggressive taker-side selling, with retail positioning still heavily skewed toward longs. Although funding rates are slightly rising, the overall structure remains weak. If momentum continues, price may extend further toward lower support zones.
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