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ETHUSD H16: BEST Level to SHORT IT 25%+ gains(SL/TP)(NEW)

Short
COINBASE:ETHUSD   Ethereum
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ETHUSD H16: BEST Level to SHORT IT 25%+ gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more
losses in this market short/mid term.


🔸 Summary and potential trade setup
::: ETHUSD 16hour chart review/outlook
::: compression inside trn right now
::: chart looks weak/not good
::: price arrived from above
::: so expecting a breakdown of structure
::: 25%+ correction still pending/valid
::: more losses in this market after
::: we max out near range highs
::: so short it and get paid
::: recommended strategy: SHORT IT 390USD
::: best entries near range highs
::: TP BEARS is 25%+ gains later
::: good luck traders!
::: BUY LOW and get paid. period.
🔸 Supply/Demand Zones
::: 390 USD FRESH SUPPLY
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment mid-term: BEARS/CORRECTION
::: Sentiment outlook short-term: RANGE/MIXED/390USD

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