📉$ETH correction now after Hit 3899.09???
### ⚠️ Critical Technical Context
1. **Dead Cross Significance**
- Validated breakdown below **$3,800** (previous support) confirms bearish momentum acceleration.
- Death cross (short-term MA < long-term MA) historically precedes **5–15% declines** in ETH during bull market corrections .
2. **RSI 45.3 Interpretation**
- Neutral but **downward-trending momentum** – no oversold signal (requires RSI <30).
- Aligns with VMA research showing ETH’s strongest downside occurs when RSI breaks 45 post-death cross .
### 🎯 Trade Execution Plan
1. **Entry**:
- **Immediate**: Short at **$3,840–$3,850** (tested resistance).
- **Add-on**: Breakdown of **$3,800** with volume spike.
2. **Targets**:
- **$3,720** (1.5% drop, 0.382 Fib + VMA profit-taking zone)
- **$3,650** (3.0% drop, 0.618 Fib + high-density support)
3. **Stop-Loss**: **$3,900** (above death cross origin + 1.5% risk buffer).
> 💡 **Research Insight**: ETH futures shorts using VMA(5,100) rules held positions for **8–12 hours** on average during similar setups to maximize returns .
[28/07, 09:49] Eric yee: ### 📊 Risk Management Framework
```mermaid
graph LR
A[ETH $3850 Short] --> B{Break $3800?}
B -->|Yes| C[Add 25% position]
B -->|No| D[Monitor RSI>50]
C --> E[Target 1: $3720 - Take 50% profit]
E --> F[Target 2: $3650 - Close full position]
D --> G[Stop above $3900]
