🚨 $ETH SNEAKY BEARISH EDGE ON THE 1H 📉🐻

Price tried and failed to clear 3400, then got slapped right at the upper Bollinger band classic short term weakness setup. Recent swings show rejection and fading buyer conviction, with structure tilting lower on tightening volatility. ₿ Volume contraction tight Bollinger squeeze often precedes a breakdown, not a breakout

1H Structure Breakdown

🔥 Double top near 3403 with clear rejection textbook sell signal.

🔻 Lower highs stacking since that peak bearish trend continuation.

📉 Rallies come on weak volume buyers half hearted at best.

⚡ Tight Bollingers mean volatility is compressed ready to explode, likely down if sellers stay in control.

📊 Recent outflows net selling pressure reflect short term profit taking and bearish flows. User provided context

📍 Trade Plan 1H Short

🔻 Entry Short: 3340 3350 USDT retest resistance zone failed support flip

⚠️ Stop Loss: 3410 USDT above swing high key resistance

🎯 Targets

• TP1: 3305 USDT near support zone

• TP2: 3275 USDT deeper support

💥 Thrill Summary

$ETH ran into a stubborn double top at 3403 and couldn’t break higher each bounce on low volume signals buyer fatigue, not strength. Tight Bollinger compression hints at volatility about to burst, and the structure on the 1 hour looks set up for a controlled breakdown. Sellers have the edge ride the short from resistance with tight risk. 📉

Not financial advice always manage risk