🚨 $ETH Afternoon Trade Setup 🚨
✅ Current Price: ~2415
📊 Technical Overview:
1H KDJ: Turning down, bullish momentum weakening.
MACD: Small rebound signal, but overall trend still bearish.
Bollinger Bands: Middle line acting as resistance.
Price Action: K-line momentum weak, no strong follow-up orders. Downtrend structure intact.
⚡️ Trade Idea:
• Direction: SHORT
• Entry: Around 2415
🎯 Targets:
TP1: 2375
TP2: 2320 (if 2375 breaks)
🛡️ Stop Loss: Above recent swing high recommended.
Key Insight: If resistance holds, expect the bearish move to extend. Momentum is not strong enough for a sustained breakout yet.