📅 Trading Plan for ETH – June 13
Entry: Enter a short position at $2,579 on a rebound.
Stop‑Loss: Set a tight stop at $2,630.
Target: Profit objective at $2,416, aiming for a 3:1 risk–reward ratio.
🎯 Trade Rationale
The 4‑hour trend remains bearish, indicating more downside potential.
This setup targets a pullback to the 66 % Fibonacci retracement level on the hourly chart before resuming the downtrend.