ETHUSDT: Pre-Pump Rejection Setup
$ETH
Price rejects key resistance with weak follow-through.
Bias: *Short-term short bias on failed breakout.*
Trade Plan
Entry: 1897.11
SL: 1920.72
TP: 1857.76 (TP1) / 1833.37 (TP2)
Market Evidence:
• Pre-pump signal + reentry setup near support.
• Long/short ratio (1.95) signals overleveraged longs.
• OI stable (-1.4%) with neutral funding—no bullish conviction.
Risk:
• Sideways regime may trap shorts if BTC breaks higher.
• Missing liquidity confirmation below support.
Watch: Price closes below 1880 for invalidation.
#ETHUSDT #ShortSetup #PrePump
$ETH
Price rejects key resistance with weak follow-through.
Bias: *Short-term short bias on failed breakout.*
Trade Plan
Entry: 1897.11
SL: 1920.72
TP: 1857.76 (TP1) / 1833.37 (TP2)
Market Evidence:
• Pre-pump signal + reentry setup near support.
• Long/short ratio (1.95) signals overleveraged longs.
• OI stable (-1.4%) with neutral funding—no bullish conviction.
Risk:
• Sideways regime may trap shorts if BTC breaks higher.
• Missing liquidity confirmation below support.
Watch: Price closes below 1880 for invalidation.
#ETHUSDT #ShortSetup #PrePump