#ETH stalling at resistance ⚠️
Sharp bounce off the 1,876 low, ran hard into 1,889.90 with a long upper wick right at the 24h high (1,891.93) classic rejection signature after a fast move. Range has been tight all day, so this looks like a fade back toward the mid-range.
📊 Short Setup
Entry: 1,889 – 1,891 (near highs, on rejection)
Stop Loss: 1,894
TP1: 1,882
TP2: 1,878 – 1,876 (retest of range low)
Tight range, tight risk this is a scalp against the recent bounce, not a trend call. If price breaks and holds above 1,894, the setup is invalidated and momentum favors longs instead.
Click here to trade 👇⬇️ $ETH
Sharp bounce off the 1,876 low, ran hard into 1,889.90 with a long upper wick right at the 24h high (1,891.93) classic rejection signature after a fast move. Range has been tight all day, so this looks like a fade back toward the mid-range.
📊 Short Setup
Entry: 1,889 – 1,891 (near highs, on rejection)
Stop Loss: 1,894
TP1: 1,882
TP2: 1,878 – 1,876 (retest of range low)
Tight range, tight risk this is a scalp against the recent bounce, not a trend call. If price breaks and holds above 1,894, the setup is invalidated and momentum favors longs instead.
Click here to trade 👇⬇️ $ETH