$ETH Bouncing weakly into resistance with SAR bearish across all 3 timeframes.
trade plan: short $ETH
entry: 2,065 to 2,098
stop loss: 2,135
targets
tp1: 2,024
tp2: 1,980
tp3: 1,935
move sl to entry after tp1.
click 👇 and short $ETH
Daily SAR at 2,364 sits far above price with all three EMAs compressed and sloping downward while price trades below the daily midband at 2,096 which now acts as the entry ceiling. The 4H confirms the bearish structure with SAR at 2,129 above price and all EMAs stacked above current levels with the midband at 2,113 aligning perfectly as short entry resistance. The 1H StochRSI at 84 confirms the current bounce is nearly exhausted giving a clean fade entry as price pushes into the 2,065 to 2,098 resistance zone. The key risk here is daily and 4H StochRSI both deeply oversold at 7.90 and 6.45 so size down and move SL to entry aggressively after TP1.
risk max 1-2%