CryptoPatel

Ethereum Short Entry Triggered And Target and Stop Loss?

Short
BINANCE:ETHUSDT   Ethereum / TetherUS
ETH/USDT TA Update :-

TimeFrame :- 4H

- Eth is currently trading at $2900 levels

- As Price didn't give breakout of 400EMA Resistance instead it fell off.

- After getting rejection from 400EMA,
Price just broke it's Crucial Support Zone

- Bearishness is seen in the current Price Action

- Wait for the 1hour Candle closing below $2940 level for confirmation

Sell :- $2920
Stop loss :-$3080
Targets :- $2733/$2551

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