Optimal Short Trade Setup for $ETH /USDT
đ Entry Zone:Â 1,900â1,900â1,910
Rationale: Price is overextended (RSI 85.76) and likely to reject near the psychological 1,900â1,900â1,910 area.
â Stop-Loss:Â $1,925Â (Hard Stop)
Why? A break above $1,920 invalidates the short thesis (new highs possible).
đŻ Take-Profit Targets:
First Target: $1,870Â (Initial support + partial profit).
Second Target: $1,850Â (MA50 + strong buy zone, secure remaining position).
Aggressive Target: $1,830Â (If bearish momentum accelerates).
đ Risk-Reward Ratio:Â 1:2.5+Â (Example:Â 10riskvs.10riskvs.25+ reward).
Key Confirmation for Entry:
Look for bearish candlestick patterns (e.g., shooting star, bearish engulfing) at 1,900â1,900â1,910.
Watch for declining volume on up-moves (weakness signal).
â ď¸ Critical Notes:
Avoid shorts if ETH holds above $1,910 for >1h (bulls still in control).
Use smaller position size (high RSI = volatile reversals possible).