📊 Trade Setup: $ETH – Weak Mid-Range, Favoring Short Retracement
ETH rejected 3,175–3,180 and is rolling over on 1H with MACD crossing bearish. EMAs show compression and downside pressure. 4H shows declining momentum after a failed higher high attempt.
🔻 Short Entry: 3,135–3,165 (retest of EMA20/EMA50 resistance)
🎯 Take-Profit Targets:
TP1: 3,095 – minor support + BB mid
TP2: 3,050–3,070 – 4H demand zone
TP3: 2,980–3,000 – BB lower band + liquidity build-up
🛑 Stop-Loss: ❌ 3,185–3,195 (above recent rejection level)
Risk:Reward: ~1:2.5+
⚠️ Risk Factors
ETH reacts strongly to BTC movements — watch index correlation.
If ETH holds above 3,195, this short becomes invalid.
