Trading ETH/USD: Short Entry Near 1676

ETH/USDShortIntraday4h ago0 views

Trade Setup

Entry Price

1676.00

Stop Loss

1716.00

Take Profit

1576.00

Risk : Reward

1 : 2.50

RiskReward

Technical Analysis

Looking at the 1-hour chart, ETH/USD is showing a clear pennant pattern near the 1676 level.

Fundamental Context

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

Trade Setup

Position sized for 2.5:1 R:R. Will trail stop once in profit.

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