$ETH ‌Ethereum Short Trade Review


Entry: 2360
SL: 2418
Targets: 2300 → 2245 → 2150
Leverage: 5x
Risk: 1% ✅ (very good discipline)
📊 Quick Logic Check
Stop loss distance: ~58 points
First target: ~60 points → almost 1:1 RR
Final target: ~210 points → ~3.5RR 🔥
👉 This is actually a good risk/reward structure
⚠️ Market Context (Important)
Right now ETH is:
In a short-term uptrend (+7%)
Showing bullish momentum
👉 So your short is:
❌ Counter-trend trade
✔️ Works only if rejection happens near 2360–2400
🧠 Smart Execution Plan
Don’t blindly short at 2360
👉 Wait for:
Rejection wick / weak breakout
Lower timeframe confirmation
💡 Pro Tip
Take partial profit at 2300
Move SL to breakeven after TP1
Let the rest run to 2245 / 2150
🔥 Final Verdict
Setup = Good structure ✅
Timing = Needs confirmation ⚠️
Risk control = Perfect 💯
ETH3.86%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin