🔻 $ETH — SHORT SETUP | Resistance Rejection & Bearish Consolidation
ETH (Ethereum) faced a sharp rejection near the 1,934.20 level on the 1H timeframe and is currently consolidating sideways below local resistance around 1,914.10. Price action is weakening with lower highs, signaling potential downside movement toward key support zones.
📍 Short Entry: 1,901.90 – 1,918.00
🎯 TP1: 1,885.00
🎯 TP2: 1,870.00
🎯 TP3: 1,854.03
🛑 Stop Loss: 1,934.20
⚠️ Confirmation: Watch for 1H price action to maintain below 1,920.00 on retests to validate sustained seller pressure. Exit or avoid shorting if price breaks and closes above 1,934.20 with strong volume.
$BLUAI
$TUT
ETH (Ethereum) faced a sharp rejection near the 1,934.20 level on the 1H timeframe and is currently consolidating sideways below local resistance around 1,914.10. Price action is weakening with lower highs, signaling potential downside movement toward key support zones.
📍 Short Entry: 1,901.90 – 1,918.00
🎯 TP1: 1,885.00
🎯 TP2: 1,870.00
🎯 TP3: 1,854.03
🛑 Stop Loss: 1,934.20
⚠️ Confirmation: Watch for 1H price action to maintain below 1,920.00 on retests to validate sustained seller pressure. Exit or avoid shorting if price breaks and closes above 1,934.20 with strong volume.
$BLUAI
$TUT