⚠️ $ETH Short Setup – Rejection Zone in Play
Ethereum is currently trading inside a key resistance band (distribution zone) where price is repeatedly struggling to push higher. Momentum is fading, and the structure is showing signs of bearish pressure building up at the top of the range.
📉 Trade Plan – Short $ETH (150x Isolated)
Entry Zone: 2239.71 – 2249.66
Stop Loss: 2274.55
🎯 Targets:
TP1: 2214.82 (R:R ~1:1)
TP2: 2204.86 (R:R ~1:1.3)
TP3: 2184.95 (R:R ~1:2)
🧠 Why This Setup Makes Sense
Price is repeatedly rejecting from the 2240–2250 supply zone
Higher timeframe structure remains range-bound with bearish bias
Lower timeframe momentum is weakening, showing lack of strong bullish continuation
Volume profile suggests increased selling pressure at resistance
📊 Market Interpretation
Market is currently in a distribution phase near the top of range
If resistance continues to hold, downside rotation becomes more likely
Invalid scenario: clean breakout above 2275 with strong volume
🎯 Core Idea
As long as ETH fails to reclaim and hold above resistance, the structure favors a controlled downside move within the range rather than continuation upward.
