$ETH Short Setup — Supply Zone Under Pressure 🔴
$ETH is now testing the exact supply zone I mapped, and this is where sellers need to prove they still control the move. I’m positioned short, but the setup remains valid only while ETH respects the mapped resistance area.
📊 Trade Plan
Direction: 🔴 SHORT
Leverage: 150x
Entry: 2458.15913 – 2464.18479
TP1: 2439.47959 — R:R 1:0.7
TP2: 2425.01801 — R:R 1:1.3
TP3: 2403.32564 — R:R 1:2.0
SL: 2490.09512
🔍 Why This Setup?
4H Supply Zone:
ETH is testing the 2458–2464 area. As long as price remains below the key zone around 2461.17196, the short thesis stays intact.
15M RSI:
RSI is around 56, showing neutral momentum. There is still room for downside without the market being deeply oversold.
Volume Confirmation:
Volume is showing strong participation at 4.00x, with approximately 39.84K traded vs 9.97K expected. This gives the rejection more weight.
🎯 What I’m Watching
The key is simple: sellers must defend the supply zone.
A rejection from 2458–2464 could open the path toward 2439 → 2425 → 2403.
If ETH breaks and holds above 2490.09512, the setup is invalidated and the short thesis is off.
My call. Your execution.
Are you entering early inside the supply zone for a better fill, or waiting for confirmation before committing? 👇
⚠️ Risk management matters. 150x leverage carries extremely high liquidation risk.#SolanaGovernanceVoteToDoubleDeflationRate #GoldNearsThreeMonthHigh #BrentDrops1.87%