Momentum is fading below resistance... and bears are looking for another push lower.
$ETH /USDT – SHORT
Trade Plan
Entry: $2,095 – $2,115
SL: $2,135
TP1: $2,075
TP2: $2,050
TP3: $2,020
Why This Setup?
15M Structure: Ethereum is trading below a key intraday resistance zone, with short-term momentum favoring sellers after failing to establish higher highs.
Price Positioning: Repeated rejection near $2,126 suggests buyers are struggling to gain control, keeping downside pressure intact.
MA Context: Short-term moving averages are flattening and beginning to favor bearish continuation on lower timeframes.
RSI Context: RSI has cooled from recent highs, indicating weakening bullish momentum and increasing the probability of another leg lower.
Volume Behavior: Selling activity has increased near resistance while buy-side participation remains limited, signaling distribution rather than accumulation.
Daily Context: Despite the larger trend remaining constructive, the current 15M structure supports a short-term bearish move toward nearby liquidity zones.
As long as $2,126.63 remains unbroken, bears have room to target lower support levels and sweep liquidity resting below recent lows.
Debate:
Will ETH break down toward $2,020 and extend the intraday correction...
Or will buyers reclaim $2,126 and trigger a squeeze against short sellers?
Click Trade here 👇
