‼️I’m Shorting $ETH — Exhaustion at Highs, No Follow-Through

ETH pushed up to 2,405 but couldn’t hold it — sharp rejection and now it’s rolling over. Back at 2,318, every bounce is weak and getting sold into.

There’s no real continuation here. The move up has stalled, momentum is fading, and structure on the higher timeframe is already damaged. This looks like a dead-cat bounce, not a reversal.

When price behaves like this near the top — fast rejection followed by weak bounces — it usually means sellers are in control.

I’m taking the short:

Entry: 2,318 – 2,325

SL: 2,360

Targets:

TP1: 2,283

TP2: 2,240

TP3: 2,190

If this continues, I expect a steady move back down as the bounce fully unwinds.

Trade ETH here 👇

ETHUSDT

دائم

2,305.19

-0.09%