Trade Setup (Short)

Entry Range: 2933 – 2936

Target 1: 2922

Target 2: 2915

Target 3: 2911

Stop Loss: 2947

$ETH faced rejection at the resistance zone near 2947, forming lower highs and showing signs of bearish momentum on the 15-minute chart. Volume is decreasing on bullish attempts, signaling potential exhaustion. A clean rejection from the highlighted zone offers a short opportunity with a tight stop and favorable risk-reward. If price sustains below 2936, a drop toward the 2911 liquidity pocket is likely in the next 12–24 hours.

ETHUSDT

Perp

2,922.8

-1.09%