$ETH Breaking Down After Rejection ⚠️
$ETH strong rejection from highs followed by sustained selling — short continuation setup forming.
🔴 SHORT $ETH
Entry Range: 2,280 – 2,310
Stop Loss: 2,350
Targets:
TP1: 2,200
TP2: 2,100
TP3: 1,950
ETH failed to hold above the 2,340 region and has since printed a clean series of lower highs and strong bearish candles — a clear sign of seller control. The current bounce looks weak and corrective.
Price is compressing near the lows, which often leads to another leg down if support fails. As long as 2,350 remains resistance, the bearish structure stays intact.
A breakdown below 2,270 should accelerate momentum toward 2,200. If selling continues, 2,100 comes into play, with 1,950 as a deeper downside target.
Invalidation: A strong reclaim and hold above 2,350 would invalidate the short setup and shift momentum bullish.
$RAVE 🔻