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ETH Coin Analysis !!
Signal : Short
Coin Name : $ETH


This is a 4-hour chart for Ethereum (ETH) against USDT. The price of Ethereum has recently dropped significantly, breaking below the support level. The chart shows a downward trend channel with the price near the lower boundary. A potential short trade is highlighted, targeting a 7.1% drop (~18,093 USDT) from the current price, with the expectation that the price will continue to decline within the channel. The RSI (Relative Strength Index) indicates that Ethereum is nearing oversold conditions, which could suggest a reversal or further drop.

Entry: 2497.89
1st Tp: 2378.84
2nd Tp: 2332.22

SL: 2600.74
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