🚨 Ethereum (ETHUSD) Market Update – Short-Term Setup 🚨
Ethereum is displaying clear weakness on higher levels, as the recent bounce appears to be a relief move rather than a full trend reversal. The resistance zone between $4074 – $4175 remains crucial — price rejection from this area can offer a high-probability short opportunity.
We’re currently holding short positions from $3930, and if ETH extends upward, DCA shorts will activate near $4175 for a better average entry.
📉 Downside targets to watch:
🎯 $3750
🎯 $3636
🎯 $3540
🎯 $3480
Until a confirmed correction forms, avoid aggressive long setups. Market sentiment remains fragile, and bulls may face strong resistance around the upper range.
⚠️ Timeframe: 15-Minute (Scalp / Short-Term Setup)
💡 Tip: Manage risk carefully and trail stops as price moves in your favor.
📊 Follow me on TradingView for more real-time ETH and BTC updates, short-term scalps, and market breakdowns. Your feedback and comments are always welcome!
Ethereum is displaying clear weakness on higher levels, as the recent bounce appears to be a relief move rather than a full trend reversal. The resistance zone between $4074 – $4175 remains crucial — price rejection from this area can offer a high-probability short opportunity.
We’re currently holding short positions from $3930, and if ETH extends upward, DCA shorts will activate near $4175 for a better average entry.
📉 Downside targets to watch:
🎯 $3750
🎯 $3636
🎯 $3540
🎯 $3480
Until a confirmed correction forms, avoid aggressive long setups. Market sentiment remains fragile, and bulls may face strong resistance around the upper range.
⚠️ Timeframe: 15-Minute (Scalp / Short-Term Setup)
💡 Tip: Manage risk carefully and trail stops as price moves in your favor.
📊 Follow me on TradingView for more real-time ETH and BTC updates, short-term scalps, and market breakdowns. Your feedback and comments are always welcome!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
