ETH Coin Analysis !!
Signal : Short
Coin Name : $ETH
This is an ETH/USDT 1-hour chart on Binance showing a descending channel pattern. The price has been in a downtrend and is currently testing the upper boundary of the channel. A breakdown from this level could lead to a further drop, as indicated by the measured move projection of approximately -10.46%. The RSI is at 43.89, indicating weak momentum, while the Stochastic RSI is near overbought levels, suggesting a possible reversal. Volume remains relatively stable, but no significant buying pressure is evident.
Entry: 2207.79
1st Tp: 2064.01
2nd Tp: 2010.96
3rd Tp : 1979.52
SL: 2350.64
For more details, check out my bio by clicking on my profile.
This signal is only for spot if you want future signals join my binance live.
Just click on my profile to join my live.