$ETH Heavy Supply Short Setup Active

Ethereum is bumping into strong selling pressure near key resistance and this looks like a highprobability short play for day traders as long as structure stays bearish Rallies into the 29503000 zone have repeatedly failed to break higher showing sellers are still dominant cointelegraphcom

Short Trade Signal Day Trade

Sell Zone 2950 3000

TP1 2880

TP2 2820

TP3 2775

Stop Loss 3050

Leverage 2040 risk 12

Why This Setup Works

ETH is still trading below major daily resistance and inside a broader bearish structure recent bounce from 2775 was corrective not impulsive

The 29503000 area is a primary sell zone where previous upswings stalled and reversed Sellers are ready here

Volume on bounces is moderate at best lacking conviction for a real breakout every push higher has met supply

Support Resistance

Support Zones

 28802850 intraday support

 28002750 major demand zone

Resistance Zones

 29503000 primary sell zone

 30503100 strong rejection area

Spot Traders

Avoid fresh buying at current levels Better accumulation zones are nearer 28002750 but only after support confirms

Thrilling Take Ethereum is stuck below heavy supply at 29503000 structure still showing lower highs and weak upside momentum Short entries into 29503000 with tight stops can target 2880 2820 2775 Trade structure not hope🚀

ETH Ethereum Crypto ShortSetup

Not financial advice always DYOR manage risk