$ETH
Short Trade Setup (Aug 23, 2025)
Current Price$ETH
≈ $4,687
Short (Bearish) Scenario
Entry Zone: If ETH rejects resistance at $4,800–$4,868 (all-time high zone)
OR fails to hold $4,320–$4,350 support after a breakdown.
Targets (Take Profit):
TP1: $4,500
TP2: $4,200–$4,100 (channel support & Fibonacci)
TP3 (extended): $3,900–$3,660 if selling pressure accelerates
Stop-Loss: Above $4,900 (if shorting near ATH)
OR above $4,420 (if shorting a breakdown below $4,350)
⚡ Quick Table
Short Setup Type Entry Zone Targets Stop-Loss
Rejection Short $4,800–$4,868 $4,500 → $4,200 Above $4,900
Breakdown Short Below $4,320–$4,350 $4,200 → $4,100 → $3,900 Above $4,420
👉 Right now ETH is strong, but a short only makes sense if:
1. It fails to break $4,800–$4,868 (resistance rejection)
2. It breaks down below $4,350 with volume confirmation.