$ETH Clearly bearish
The market structure has turned bearish, and open interest (OI) has also dropped sharply, indicating that long positions have been significantly flushed out.
The current rebound to 2119 appears to be a relief rally and a shorting opportunity.
$ETH Short setup
· Short entry: 2160–2190 (retest of the support zone that was broken)
· Stop-loss: Above 2240
· Take-profit: 2060 (recent low), 2000
Support me by trading here 👇$ETH
The market structure has turned bearish, and open interest (OI) has also dropped sharply, indicating that long positions have been significantly flushed out.
The current rebound to 2119 appears to be a relief rally and a shorting opportunity.
$ETH Short setup
· Short entry: 2160–2190 (retest of the support zone that was broken)
· Stop-loss: Above 2240
· Take-profit: 2060 (recent low), 2000
Support me by trading here 👇$ETH
