Give me Just 2 Min And I Will Tell You the Next Stop of $ETH ❗❗
ETH is currently sitting at a strong rejection zone, and the setup looks very clear.on 8Hr Price has moved into a descending resistance trendline that has been respected for weeks, while the 200 MA is also aligned at the same level (~2,077).
On 1 Hr There's Also FVG .This confluence creates a strong resistance area where sellers are actively stepping in.
Recent candles are already showing rejection wicks, indicating that this zone is being defended.
Another key factor is the liquidation heatmap. A significant liquidity cluster is present around 2,000, suggesting a large number of leveraged long positions below current price.
Meanwhile, there is relatively low liquidity above, making the downside a more likely target as the market tends to move toward liquidity.
⚡ Trade Setup
📍 Entry Zone: 2,115 – 2,125
🛑 Stop Loss: 2,165
🎯 TP 1: 2,050
🎯 TP 2: 2,000
📐 Risk/Reward: 1 : 2.5+
📌 Plan
Enter within the defined zone (avoid chasing above 2,130)
Once TP1 is hit, move stop loss to breakeven
Hold remaining position for TP2
If ETH manages to close a strong candle above 2,165, the setup becomes invalid.
SHORT HERE 👉🏻$ETH
