$ETH The optimal trading strategy today is to wait for a rebound to the key resistance levels before shorting. The most critical moving average resistances are the 30-minute MA20 at 2114.55 and the 1-hour MA20 at 2131.84. If the price cannot stay above 2114, the bearish structure remains valid. Entry logic: patiently wait for the price to rebound to the 2114-2132 range (pay special attention to the 1-hour MA20 at 2131.84). When signs of a stall appear, such as long upper shadows or the 15-minute RSI entering the overbought zone, initiate a small short position. Set the stop loss above the 1-hour MA20, for example at 2135. If the short position is triggered, the first target is the daily MA20 support at 2095. After breaking this level, the second target is the 6-hour MA200 at 2059.50. Risk management: this is a retracement short trade aligned with the major trend (bearish), so standard position sizes can be used. Pay close attention to the area above the 2097.19 support, around 2102.7. If the price quickly breaks above this level with insufficient volume, it may be a stop-loss hunt or a bull trap, which could actually present a better shorting opportunity. If the price unexpectedly remains strong and stays above the 1-hour MA20 at 2131.84, the short position should be closed and wait on the sidelines. The next resistance to watch is the 2160 double top neckline.

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SophieJievip
· 2h ago
$ETH This slight volatility is just noise, sisters! Have a great weekend relaxing and keeping yourself in good shape is what matters most!
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