ETH/USD at Critical Level — Short Setup Forming

ETH/USDShortIntraday2h ago3 views

Trade Setup

Entry Price

1647.00

Stop Loss

1686.00

Take Profit

1549.00

Risk : Reward

1 : 2.51

RiskReward

Technical Analysis

Looking at the 1-hour chart, ETH/USD is showing a clear pennant pattern near the 1647 level.

Fundamental Context

Fundamental catalysts align with the technical picture here. ETH/USD has room to move.

Trade Setup

Entry at 1647 with stop at 1686 gives a clean 2.5:1 ratio. Target: 1549.

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