ETH/USDT is currently trading around $2,075–$2,080 (slight fluctuations across exchanges like Binance/TradingView/CoinMarketCap data).Quick trade setup (scalping/day trade idea – neutral to mildly bearish bias today):
Direction: Short (sell) on weakness
Entry: Around $2,080–$2,085 (if it rejects the recent minor high or fails to hold above current levels)
Stop Loss: Above $2,100 (to protect against a sudden bounce)
Take Profit targets: First at $2,050–$2,060, extend to $2,030 if momentum continues down
Rationale: ETH rejected near $2,160+ highs recently, showing selling pressure with a mild downtrend in the short term. Watch for breakdown below $2,050 for stronger bearish continuation. If it holds $2,050 and reclaims $2,100, flip to long instead.
Always use proper risk management (1-2% per trade max), this is not financial advice – DYOR and trade at your own risk.#ETH $ETH #CryptoTrading #ETHUSDT $ETH
