The bulls are losing their grip on
$ETH Ethereum here. After failing to maintain the breakout attempt toward 2,340, we've seen a steady distribution phase. I’m noticing that the MA(7) has crossed below the MA(99), confirming a short-term bearish crossover. Until we see a high-volume candle close back above the 2,325 mark, I’m leaning toward further downside pressure.
Trade Signal: SHORT
Entry Range: 2,313 – 2,318
Target 1: 2,301 (Recent Support)
Target 2: 2,285 (24h Low)
Stop Loss: 2,335 (Above recent local peak
#eth #Ethereum #Binance #crypto #CryptoTrading