๐ด $ETH TESTING OVERHEAD RESISTANCE AS SELLERS PREPARE FOR A 1H DOWNWARD ROTATION! ๐
Entry: 2,565.84 - 2,569.06 โก
Target: 2,535.19 ๐ฏ
Stop Loss: 2,579.04 ๐
๐ $ETH is creeping back into the 2,565 - 2,569 supply zone on the 1H chart, where overhead sellers previously capped rallies. ๐ While the higher-timeframe trend remains firmly down, execution discipline demands patience until trigger confirmation lands.
๐ก Current scanner metrics flag an unfavorable expected value prior to a confirmed breakdown, keeping this strictly on the watchlist for now. ๐ A clear reject here could open up a clean multi-tier scale-out down toward 2,535.
๐ฌ Are you holding off for price action confirmation, or front-running the breakdown at resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #ShortSetup #Ethereum #Trading
๐ ๐ป
Entry: 2,565.84 - 2,569.06 โก
Target: 2,535.19 ๐ฏ
Stop Loss: 2,579.04 ๐
๐ $ETH is creeping back into the 2,565 - 2,569 supply zone on the 1H chart, where overhead sellers previously capped rallies. ๐ While the higher-timeframe trend remains firmly down, execution discipline demands patience until trigger confirmation lands.
๐ก Current scanner metrics flag an unfavorable expected value prior to a confirmed breakdown, keeping this strictly on the watchlist for now. ๐ A clear reject here could open up a clean multi-tier scale-out down toward 2,535.
๐ฌ Are you holding off for price action confirmation, or front-running the breakdown at resistance? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #ETH #ShortSetup #Ethereum #Trading
๐ ๐ป