๐จ $ETH SHORT SETUP ๐จ
Momentum fadingโฆ distribution in progress โ ๏ธ๐
๐ด Short $ETH
๐ Entry Zone: 2,075.00 โ 2,095.00
๐ Stop Loss: 2,160.00
๐ฏ Targets:
TP1: 1,990.00
TP2: 1,940.00
TP3: 1,880.00
๐ Market Insight:
$ETH pushed into the 2,107 resistance but got rejected aggressively by a high-volume bearish candle โ a clear sign of heavy profit-taking.
Price action is starting to feel weak and sluggish, with recovery momentum fading fast. Lower highs and selling pressure suggest distribution is underway.
If this weakness continues, a sharp move toward the MA99 support zone looks increasingly likely.
โ ๏ธ Watch for continuation below intraday structure โ momentum favors the downside.
$ETH
Momentum fadingโฆ distribution in progress โ ๏ธ๐
๐ด Short $ETH
๐ Entry Zone: 2,075.00 โ 2,095.00
๐ Stop Loss: 2,160.00
๐ฏ Targets:
TP1: 1,990.00
TP2: 1,940.00
TP3: 1,880.00
๐ Market Insight:
$ETH pushed into the 2,107 resistance but got rejected aggressively by a high-volume bearish candle โ a clear sign of heavy profit-taking.
Price action is starting to feel weak and sluggish, with recovery momentum fading fast. Lower highs and selling pressure suggest distribution is underway.
If this weakness continues, a sharp move toward the MA99 support zone looks increasingly likely.
โ ๏ธ Watch for continuation below intraday structure โ momentum favors the downside.
$ETH