🔻 ETH at Critical Support – Short Setup Forming

Ethereum is down -2.59% in 24h, testing support at $2,280. Price closed at $2,288.39 with 460k ETH in volume. The 4h chart shows heavy selling pressure since the $2,423.74 high from 5 days ago. Daily structure confirms a downtrend: high of $2,398.93 → current lows near $2,280.

**Price Action:**

Yesterday's low at $2,280.10 marked a key support level. The last 4h candles show consolidation with bearish bias. The 24h high of $2,357.45 acts as resistance.

**SHORT Setup:**

- Entry: $2,294

- Stop Loss: $2,310

- TP1 (2RR): $2,278

- TP2 (3RR): $2,262

- Invalidation: Break above $2,310

Target the $2,280 support flush-out or reversal play. Monitor volume on any bounce attempts.

#ETH #Crypto #Trading #Analysis

DYOR - This is not financial advice. Always do your own research and manage risk.