📉 ETH/USDT – Short Setup
Bias: Bearish continuation
ETH has broken and closed below the 24h support at $2,920 and is trading under all major EMAs. Market structure remains weak with lower highs and lower lows.
Short Entry Zones
•
$ETH 2,935 – $2,945
Stop Loss
• $2,970
Above EMA7 and recent minor high.
Take Profit Levels
✅ TP1: $2,880 – Key support
✅ TP2: $2,850 – Structural level
✅ TP3: $2,820 – $2,800 – Previous swing low zone
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Technical View
• Strong breakdown below $2,920 with high volume
• EMA 7 / 25 / 99 all above price and sloping down
• Momentum favors sellers, downside pressure remains strong
Risk Plan
• Risk only 1–2% per trade
• Move SL to breakeven after TP1
• Setup invalid if price reclaims $2,970
Trade Setup Short 👇
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