$ETH /USDT Short Setup ⚠️🐻
$ETH tried bouncing from the $1,970 demand zone, but the recovery looks weak and corrective after a strong sell-off from $2,180+ — classic lower high formation loading up.
Entry Range: $2,015 – $2,035
Stop Loss: $2,085
Targets:
🎯 TP1: $1,990
🎯 TP2: $1,960
🎯 TP3: $1,920
The structure is still bearish with clear lower highs & strong rejection from mid-range. This bounce looks like a dead cat bounce 🐱⬇️, and unless bulls reclaim $2,080+, downside continuation is more likely.
Lose $2,000, and panic selling could kick in fast ⚡📉
If $ETH flips $2,080 into support, this short setup gets invalidated — until then, bears have the edge.