💰 Current Price: $2,520.19

📉 24H Change: -4.30%

🕒 Timeframe: 4H

📊 Bias: Bearish / Entering Oversold Zone

⚙️ Trade Plan (Scalp/Swing)


  • Entry Zone: $2,515 – $2,525


  • TP1: $2,445


  • TP2: $2,400


  • Stop Loss: $2,590


  • Risk/Reward: 1:1.5+

🔍 Technical Breakdown


  • RSI (6): 20.06 → Deeply Oversold ⚠️


  • MACD: Bearish divergence widening


  • Bollinger Bands: Price below lower band = strong downward momentum


  • Volume: Heavy red bars confirming bearish pressure


  • Key Support: $2,463 / $2,445


  • Resistance Zone: $2,589 / $2,630

📌 Strategy Insights


  • Best suited for short sellers eyeing a bounce rejection


  • BTC breakdown = ETH downside follow-through


  • Tight SL crucial — high volatility expected


  • Scalpers can attempt bounce plays but must exit swiftly

🚨 Risk Note:

No confirmation for longs yet — wait for signs of reversal.

Always manage position sizing and risk exposure carefully.

Stay disciplined.

$ETH

#TradingTypes101 #ETHUSDT.