$ETH

Short Trade Idea (Scalp or Intraday)

Rejection Wick at the top of the latest green candle (strong rejection from $2,655).

Series of lower highs and red candles after the top = momentum shift.

Context

Price: $2,622

Recent High: $2,655.38

24h Low: $2,524.80

Short Setup

Entery zone : $2620-2610 Enter on breakdown below

SL: $2,640

Targets

TP1: $2,605 — previous support

TP2: $2,590 — near recent bounce point

TP3: $2,525 — 24h low (if momentum accelerates)

pro tip

Watch for:

Continued decline in volume on bounces

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