$ETH 1H Setup Still Favors Sellers Below Key Resistance
LIMIT ORDER
$ETH SHORT SELL
ENTRY: 1,564–1,570 or 1,588.82
TP1: 1,548.37 TP2: 1,512.00
SL: Above 1,611.02
Market Outlook (1H)
$ETH current market structure remains bearish with momentum favoring sellers while price trades below key resistance. A short entry is favored on a weak bounce into the 1,564–1,570 area or a rejection from 1,588.82 with bearish confirmation, targeting 1,548.37 and 1,512.00 if downside momentum continues.