⚡
$ETH — Bounce Exhaustion Under Supply
“Weak rallies are made to be sold.” 🩸📉
$ETH pushed into a well-defined supply zone but failed to reclaim prior structure. Upside momentum is clearly fading, with repeated rejections near the highs and sellers absorbing bids on every push.
As long as price remains capped below resistance, this is a corrective bounce, not a trend reversal — favoring continuation lower.
🎯 SHORT
$ETH 💰 Entry: 2310 – 2355
🛑 Stop Loss: 2500
🎯 Targets:
• TP1: 2260
• TP2: 2180
• TP3: 1980
⚡ Trade Notes:
Fade strength, don’t chase it.
Acceptance above supply invalidates the short.
Risk first — patience pays.
Trade
$ETH #ETHUSDT #ETH #BearishAlert