$ETH is showing a clear rejection, and I’m taking a short setup here as sellers step back in.
🔴 SHORT TRADE SETUP
Entry Zone: 1914–1915
🎯 TP1: 1905
🎯 TP2: 1895
🎯 TP3: 1885
🛑 Stop Loss: 1930
Why this setup works:
The rejection around the 1914–1915 area suggests sellers are defending the level. If bearish momentum continues, price could move toward the lower support targets.
I’m keeping the stop loss above the rejection zone to control risk. Once TP1 is reached, I’d consider protecting the position and letting the remaining trade run toward TP2 and TP3.
Trade $ETH here 👇
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #SenateReadiesSeptemberCLARITYActVote #BTCPayServerExploitDrainsLightningNodes #BIP110ForkSignalingExpectedThisWeekend
🔴 SHORT TRADE SETUP
Entry Zone: 1914–1915
🎯 TP1: 1905
🎯 TP2: 1895
🎯 TP3: 1885
🛑 Stop Loss: 1930
Why this setup works:
The rejection around the 1914–1915 area suggests sellers are defending the level. If bearish momentum continues, price could move toward the lower support targets.
I’m keeping the stop loss above the rejection zone to control risk. Once TP1 is reached, I’d consider protecting the position and letting the remaining trade run toward TP2 and TP3.
Trade $ETH here 👇
#BIP110SoftForkAttemptBegins #SouthKoreaProposesLooseningCryptoShareholderRules #SenateReadiesSeptemberCLARITYActVote #BTCPayServerExploitDrainsLightningNodes #BIP110ForkSignalingExpectedThisWeekend