💰 $ETH CONTINUATION BREAKDOWN SHORT
🔽 SHORT
✳️ ENTRY: 1700 – 1740 – 1780
🎯 TARGETS: 1660, 1610, 1560, 1500, 1420, 1300, 1000
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 1860
#Ethereum continues to trade in a strong bearish market structure across all major timeframes. The 15M, 1H, 4H, and Daily charts are aligned to the downside, with price remaining below MA7, MA25, MA99, and MA200, confirming sustained selling pressure.
The Daily chart shows a clear lower-high and lower-low pattern, while RSI remains heavily oversold. Although a short-term bounce is possible, the dominant trend is still bearish until major resistance levels are reclaimed.
On the 4H chart, ETH has broken multiple support zones and continues to reject from moving averages. The MA25 is acting as dynamic resistance, and MACD remains negative, favoring continuation toward lower levels.
The 1H and 15M charts show weak relief attempts with no confirmed trend reversal. Any recovery toward the entry zone can provide an opportunity for bears to re-enter positions.
As long as price stays below the 1860 invalidation zone, downside targets remain active. A rejection from current levels could send ETH toward 1600, followed by 1500 and deeper downside extensions if market weakness continues.
Move SL to Entry after TP2 and trail profits as targets are achieved. 🎯
🔽 SHORT
✳️ ENTRY: 1700 – 1740 – 1780
🎯 TARGETS: 1660, 1610, 1560, 1500, 1420, 1300, 1000
🀄️ LEVERAGE: 10x
🔴 STOPLOSS: 1860
#Ethereum continues to trade in a strong bearish market structure across all major timeframes. The 15M, 1H, 4H, and Daily charts are aligned to the downside, with price remaining below MA7, MA25, MA99, and MA200, confirming sustained selling pressure.
The Daily chart shows a clear lower-high and lower-low pattern, while RSI remains heavily oversold. Although a short-term bounce is possible, the dominant trend is still bearish until major resistance levels are reclaimed.
On the 4H chart, ETH has broken multiple support zones and continues to reject from moving averages. The MA25 is acting as dynamic resistance, and MACD remains negative, favoring continuation toward lower levels.
The 1H and 15M charts show weak relief attempts with no confirmed trend reversal. Any recovery toward the entry zone can provide an opportunity for bears to re-enter positions.
As long as price stays below the 1860 invalidation zone, downside targets remain active. A rejection from current levels could send ETH toward 1600, followed by 1500 and deeper downside extensions if market weakness continues.
Move SL to Entry after TP2 and trail profits as targets are achieved. 🎯
