$ETH Short Setup: Fading the Relief Bounce 🚨
The recent push on $ETH is running on fumes. We are drifting straight back into a heavy supply zone, and the bounce looks completely exhausted. Sellers are clearly still in control.
Here is the game plan for the downside continuation:
Entry: $1,930 – $1,980
Take Profit 1 (TP1): $1,840
Take Profit 2 (TP2): $1,760
Take Profit 3 (TP3): $1,680
Stop Loss (SL): $2,070
The Logic: Every upward move is getting heavily sold into, and the follow-through is nonexistent. Market structure is still printing lower highs, and orderflow indicates distribution rather than accumulation. Play the trend, don't fight it.
#Ethereum #ETHShort #CryptoTrading #TradeSetup #BinanceSquare

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