🔍 Summary of #ETH Short Plan

Entry: $3,220–$3,250

$ETH

ETH
ETHUSDT
3,169.65
-4.56%

Stop Loss: $3,450

Targets:

• TP1: $3,128

• TP2: $2,840

Market Context & Indicators:

EMA20 ($3,223) acting as dynamic resistance → aligns with a short setup.

RSI(6) ~35: Oversold but not extreme — can still permit downside continuation.

MACD strongly negative: Confirms bearish momentum and trend weakness.

Structure: Rejection below $3,250 increases the probability of retesting $3,002 and potentially $2,840 if that breaks.

$PIPPIN

PIPPIN
PIPPINUSDT
0.33801
-3.83%