Good Morning 🌞
$ETH is showing weakness after a failed push and this setup is shaping for a clean downside move...🚀⚡
Entry Range: 2300 – 2320
Stop Loss: 2345
Targets:
TP1: 2275
TP2: 2240
TP3: 2200
After a sharp dump, price formed a weak recovery with choppy higher lows but no strong momentum. That recent push into 2310–2330 zone got rejected quickly, showing sellers are still active at the top. This looks like a lower high formation inside a short-term bearish structure.
The move up is corrective, not impulsive. If price fails to hold above 2320, we can expect continuation to the downside as liquidity sits below recent lows. Patience here is key,
no need to chase entries in the middle.
If market loses 2290 support cleanly, momentum will likely accelerate toward deeper targets.
Invalidation: A strong breakout and hold above 2345 will cancel this bearish setup and shift momentum back to buyers.
Trade here on $ETH 👇
