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A short position is proposed for $ETH capitalizing on the prevailing daily bearish trend. The setup identifies a tight entry zone #between $2,327 and $2,349, supported by a 4-hour #chart primed for a downward move and a 15-minute RSI reading of 47.55, which indicates room to fall before reaching oversold conditions. A stop loss is #set at $2,406.8, with three descending take-profit #targets aiming for a drop down to $2,201.85. The core debate surrounding this trade questions whether it is a high-probability continuation of the bearish trend or a potential bear trap preceding a larger market reversal, highlighting the inherent risk in the current structure.
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Primed for a short position following a clear rejection at a key resistance level, indicating the prior upward move was a corrective bounce rather than a trend reversal. With sellers re-entering and momentum turning downward, a continuation of the bearish trend is favored as long as price remains below the rejection zone. The optimal #entry for the short is identified #between $0.0196 and $0.0203, using a #stop loss at $0.0220 to protect against a breakout. The trade projects three descending take-profit #targets at $0.0190, $0.0184, and $0.0177, capitalizing on the anticipated downside momentum.$Q
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#Between sui and XRP which one has potential fast growth ?Give your reasons

#Between spot and futures which one can you recommend for beginners ? # Let's shareforhelp#