$ETH BEARISH CONSOLIDATION BELOW RESISTANCE SIGNALS MORE DOWNSIDE š„
Entry: 1,733 - 1,737 š„
Target: 1,724 š
Stop Loss: 1,745 ā ļø
Price continues to struggle beneath the 1,737 intraday resistance after a shallow recovery. The four-hour structure shows a clear bearish consolidation ā lower highs forming with each retest, and volume declining on bounces. Sellers are absorbing bids near this zone.
A rejection from here could trigger a fast move toward the 1,724ā1,708 liquidity cluster. The R:R on the first target sits just under 1:2, but with stacked targets below, the overall probability favors the short side. Are you shorting this level or waiting for a lower confirmation?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #BearishBreakdown #CryptoAnalysis
š„
Entry: 1,733 - 1,737 š„
Target: 1,724 š
Stop Loss: 1,745 ā ļø
Price continues to struggle beneath the 1,737 intraday resistance after a shallow recovery. The four-hour structure shows a clear bearish consolidation ā lower highs forming with each retest, and volume declining on bounces. Sellers are absorbing bids near this zone.
A rejection from here could trigger a fast move toward the 1,724ā1,708 liquidity cluster. The R:R on the first target sits just under 1:2, but with stacked targets below, the overall probability favors the short side. Are you shorting this level or waiting for a lower confirmation?
Not financial advice. Always manage your risk.
#ETH #ShortSetup #BearishBreakdown #CryptoAnalysis
š„