๐ป $ETH /USDT Bearish Trade Idea ๐ป
๐ฐ Current Price: $2,520.19
๐ 24H Change: -4.30%
๐ Timeframe: 4H
๐ Bias: Bearish / Oversold Zone
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โ๏ธ Setup Plan (Scalp/Swing)
Entry: $2,515 โ $2,525
Take Profit 1 (TP1): $2,445
Take Profit 2 (TP2): $2,400
Stop Loss (SL): $2,590
Risk/Reward Ratio: 1:1.5+
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๐ Technical Analysis
RSI (6): 20.06 โ Oversold! โ ๏ธ (Possible bounce or further selloff)
MACD: Deep Bearish Divergence
Bollinger Bands: Price breaking below the lower band = Strong bearish momentum
Volume: High red volume confirming bearish trend
Support Levels: $2,463 / $2,445
Resistance: $2,589 / $2,630
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๐ Strategy Insight:
Ideal for short sellers looking for a bounce-rejection.
If BTC breaks down further, ETH likely follows.
Tight SL is necessary due to volatility.
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๐จ Risk Warning:
Wait for confirmation if you're longing. Scalpers can try bounce but must exit quickly. Use position sizing wisely!
