🚨 $ETH — Descending Channel Bearish Continuation
Bias: Short
Trade Setup
Entry: 2000 – 2050
Stop Loss: 2170
TP1: 1950 (+3.7%)
TP2: 1850 (+8.6%)
TP3: 1600 (+21%)
Market Insight:
ETH operates in a strong bearish trend regime, with descending channel confirming structure continuation through bearish BOS below 100H SMA. Sellers control order flow, sweeping liquidity below 1950 post-rejection at 2050. Momentum reveals oversold on daily yet no 4H reversal; invalidation above 2170 supports 1:3 risk-reward.
Watching price reaction at 2050. What’s your bias here?
Levels derived from structure and momentum — not a prediction.
ETHUSDT
Perp
1,919.34
-1.44%