**$ETH SHORT SETUP: Sellers Still Control the Breakdown**
ETH lost its 2,210 to 2,248 range with one heavy 1h candle and wicked down to 2,054.55. The bounce to 2,155 has retraced only part of that candle, so price is still trading inside a supply zone. If the bounce stalls here, the next leg down is likely.
**Trading Setup**
- **Entry Point:** 2,155 – 2,168 (current price up to the bounce wick high)
- **Target Point:** TP1 2,101.31 / TP2 2,054.55
- **Stop Loss:** 2,210.20 (1h close above)
The setup stays valid while ETH holds below 2,210.20 and the bounce keeps failing under the breakdown candle. A 1h close above that level means buyers have recovered the range, and the short is off.
*Risk warning: The chart shows a sharp V-shaped bounce, so this is a counter-bounce trade, not a sure thing. TP1 is roughly 1:1, so wait for rejection confirmation, size small, and never risk more than you can afford to lose. Not financial advice.*
**Trade on $ETH**
ETH lost its 2,210 to 2,248 range with one heavy 1h candle and wicked down to 2,054.55. The bounce to 2,155 has retraced only part of that candle, so price is still trading inside a supply zone. If the bounce stalls here, the next leg down is likely.
**Trading Setup**
- **Entry Point:** 2,155 – 2,168 (current price up to the bounce wick high)
- **Target Point:** TP1 2,101.31 / TP2 2,054.55
- **Stop Loss:** 2,210.20 (1h close above)
The setup stays valid while ETH holds below 2,210.20 and the bounce keeps failing under the breakdown candle. A 1h close above that level means buyers have recovered the range, and the short is off.
*Risk warning: The chart shows a sharp V-shaped bounce, so this is a counter-bounce trade, not a sure thing. TP1 is roughly 1:1, so wait for rejection confirmation, size small, and never risk more than you can afford to lose. Not financial advice.*
**Trade on $ETH**
