Everyone’s calling a bottom — but the data isn’t backing that narrative. This still looks like

continuation, not reversal.

$ETH / USDT — SHORT Setup

Entry: 2038.78 – 2040.68

Stop Loss: 2048.88

Targets:

• TP1: 2032.87

• TP2: 2028.30

• TP3: 2021.44

Why this setup stands out: • The higher timeframe trend remains clearly bearish — no structural shift yet.

• Price is actively rejecting the 4H resistance zone around 2040 instead of accepting above it.

• RSI across lower timeframes shows weakness, with no signs of exhaustion or bullish divergence.

• Momentum is fading on every push up — classic signs of distribution, not accumulation.

The real question:

Is this the final shakeout before a reversal… or just the beginning of a deeper leg down?

Trade $ETH here 👇

ETH

2,243.81

+6.51%