$ETH is in a clear corrective downtrend on the 1H timeframe.
After failing near 3,300–3,320, price lost momentum and started printing lower highs and lower lows. The recent bounce from ~3,050 is a reaction from support, not a trend shift.
Right now, $ETH is trading below key short-term EMAs, and price is struggling to reclaim prior breakdown zones. Buyers are active only at support, while sellers continue to control rebounds.
This tells us:
Short-term momentum is bearish
Buyers are defensive, not aggressive
Rallies into resistance are likely to be sold
As long as ETH stays below 3,170–3,200, upside moves are corrective bounces
$ETH Scalp Trade Plan
Primary Setup: Short the Pullback (Best Probability)
Short Entry Zone:
3,160 – 3,200
Take Profit Targets:
TP1: 3,110
TP2: 3,050
TP3: 2,980
Stop Loss:
3,240
Leverage: 20x – 40x
Margin: 2% – 4%
👉 Book partial profit at TP1 and move stop to entry.
Alternative Long Setup (ONLY If Confirmed)
A long scalp is valid only if:
ETH reclaims and holds above 3,200–3,220 on a 1H close
Volume expands on the reclaim
If confirmed, upside opens toward:
3,260 → 3,320
Without this reclaim, longs are risky and low-probability.
Open Trades Here 👇👇👇
