$ETH Short trade setup
Bias: Bearish continuation
Leverage: 10x–25x
Setup Type: Resistance rejection short
Entry Zone
* $2,107 – $2,119
Stop Loss
* $2,140
Take Profit Targets
* TP1: $2,070
* TP2: $2,045
* TP3: $2,010
Trade Management
* Move SL to entry after TP1.
* Partial profit-taking is recommended:
* 50% at TP1 or full exit
* 30% at TP2
* Remaining at TP3
Technical Reasoning
* ETH continues to underperform against BTC with weak recovery structure.
* The entry zone is near a short-term supply area where sellers previously stepped in.
* Failure to reclaim above $2,140 keeps bearish momentum intact.
* If BTC weakens further, ETH usually accelerates faster on downside moves due to higher beta volatility.
Risk Notes
* ETH reacts sharply to BTC dominance spikes and liquidation cascades.
* High leverage on ETH requires strict execution because intraday wicks can be violent.
* Avoid entering if price already loses major support before entry is triggered.
