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$ETH – Four-hour bearish structure confirmed with momentum favoring swift downside continuation
Trade Setup: Short $ETH
• Entry Zone: 2305.354030 – 2308.814292
• Target 1: 2294.627218
• Target 2: 2286.322590
• Target 3: 2273.865648
• Stop Loss: 2323.693418
The 15-minute Relative Strength Index registers at 33.22, reflecting oversold conditions while the 4-hour structure maintains a definitive bearish posture. Entry positioned near 2307 carries an 85% confidence rating, with the first objective near 2294 representing the initial liquidity target. The daily trend remains range-bound, indicating momentum favors a rapid drop rather than a reversal scenario at current levels.
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