Post
$ETH _ SHORT
Entry: 2,298 - 2,315
TP: 2,250
SL: 2,350
Reason:
The price is currently trading below the major EMA lines (EMA5, EMA10, and EMA20), which are acting as a strong resistance zone. We noticed a clear rejection at the 2,340 level, followed by bearish engulfing candles. Additionally, the MACD momentum is fading, and the price is struggling to maintain its position above the 2,300 psychological level, suggesting a further decline toward the support at 2,250
#LayerZero10KEthForAave @OKX Orbit

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