Optimal Short Trade Setup for $ETH /USDT
š Entry Zone:Ā 1,900ā1,900ā1,910
Rationale: Price is overextended (RSI 85.76) and likely to reject near the psychologicalĀ 1,900ā1,900ā1,910 area.
ā Stop-Loss:Ā $1,925Ā (Hard Stop)
Why?Ā A break above $1,920 invalidates the short thesis (new highs possible).
šÆ Take-Profit Targets:
First Target: $1,870Ā (Initial support + partial profit).
Second Target: $1,850Ā (MA50 + strong buy zone, secure remaining position).
Aggressive Target: $1,830Ā (If bearish momentum accelerates).
š Risk-Reward Ratio:Ā 1:2.5+Ā (Example:Ā 10riskvs.10riskvs.25+ reward).
Key Confirmation for Entry:
Look forĀ bearish candlestick patternsĀ (e.g., shooting star, bearish engulfing) atĀ 1,900ā1,900ā1,910.
Watch forĀ declining volumeĀ on up-moves (weakness signal).
ā ļø Critical Notes:
Avoid shorts if ETH holds above $1,910 for >1h (bulls still in control).
Use smaller position sizeĀ (high RSI = volatile reversals possible).