ETHUSD Trade Setup : Targeting Lower Levels
#ETH/USDT⚡️⚡️ #ETH/USDT #ETH/USD #Bitcoin❗
A recent trading signal advises selling **ETHUSD** between **2594 and 2614**. Here are the key details :
- Entry Range : Sell between **2594 - 2614**
- Stop Loss : Set at **2654**
- Break-Even : Adjust at **2589**
Profit Targets :
- Take Profit 1 : 2574
- Take Profit 2 : 2554
- Take Profit 3 : 2534
- Further levels extend down to **1994**.
Advice :
Traders should closely manage risk with the recommended stop loss and gradually lock in profits as the price moves downward to the "take-profit levels". Adjusting at "break-even" ensures minimal losses if the trade doesn't follow through.
Conclusion :
This short position suggests that Ethereum may see a continued decline, with multiple profit-taking points down to **1994**. The setup allows for dynamic risk management while aiming for significant downside potential.
