$ETH is one rejection away from a cleaner short if it holds below the range floor. The price action is locked inside a clear descending channel, and the shorter-term momentum suggests selling pressure is present despite the longer-term uptrend. If it breaks above the prior swing high, the current bearish bias evaporates quickly.

Execution is simple here: respect the zone and respect the cut.

ETHUSDT SHORT
IN 2,606.12 - 2,609.86
OUT 2,621.03
TP 2,594.95 · 2,584.52 · 2,571.48

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