$ETH The structure is leaning bearish. Price has fallen from a high of 2315 to around 2250, with a weak rebound. Net aggressive selling over the past 24 hours is about 58,000 units. The key levels are clear: resistance at 2296, where the upper Bollinger Band coincides with concentrated selling pressure, and support at 2250, the POC of the 96-hour value area. With this order setup, don’t chase shorts at low levels. Place a limit order at 2296 and wait for price to rebound into the selling-pressure zone before entering. Set the stop loss at 2298, above the upper Bollinger Band. If price holds above this level, the rebound has exceeded expectations, so admit the mistake and exit immediately. Target 2250, closing the position when price falls back to the POC. The measured move is about 46 points, for a risk-reward ratio of roughly 20:1, so it’s worth waiting for the order to fill. One risk to note: there is substantial liquidation fuel near 2207. A sharp drop followed by a quick rebound could trigger the stop, so leave room in your position sizing. #ETH #ETH analysis