[ETH] / USDT
Timeframe: 15m – 1h
Trend:
• Current Trend: BEARISH (Correction).
• Key Levels: Supply 3100 - 3115. Support 3065.
Liquidity Map:
• Upper Liquidity: 3120 (Stop-loss hunt).
• Lower Liquidity: 3060 - 3067 (Previous Lows).
• Sweep Potential: Price likely retests 3100 to sweep early Shorts before dropping.
Funding & OI:
• Funding: Neutral/Negative.
• OI Signal: OI dropping with price (Long Liquidation).
Technical Indicators:
• RSI: 42 (Weak/Bearish).
• Volume: High sell volume on recent drop to 3067.
Trade Setup:
• Entry: 3095 - 3105 (Limit Short at Supply).
• Take Profit (TP): 3065 (TP1) - 3040 (TP2).
• Stop Loss (SL): 3125.
• Bias: SHORT
Click here to trade:
• Reason: Market structure broken to downside. Retest of 3100 supply zone offers high R:R short targeting weak lows at 3065.
Risk Note:
Maintain strict SL. Do not FOMO.
