🚨 $ETH Short Setup — Local Resistance Rejection
ETH is struggling to break past the $2,566 resistance zone on the 4-hour chart. Price is currently showing signs of buyer exhaustion near 2,503.90, failing to hold higher momentum above the $2,520 level. A breach below immediate support at $2,480 opens up a quick pullback opportunity toward lower consolidation bounds.
📍 Short Entry: 2,505.00 – 2,545.00
🎯 TP1: 2,430.00
🎯 TP2: 2,360.00
🎯 TP3: 2,280.00
🛑 Stop Loss: 2,575.00
⚠️ Risk Notice: Shorting large-cap assets during momentum phases carries high risk. Keep leverage low, strictly limit risk to 1% of total capital, and wait for confirmation of rejection.
Manage risk strictly — discipline over FOMO! 📉
👇 Click below to open the trade
$BTR
$HEMI