$ETH — the way I see this move, it sits on my short-side watchlist. The current price action shows lower highs accumulating within a clear descending channel. For this short to solidify, we need a definite close below the bottom of that channel. A strong reversal above the recent peak would make me take the sidelines.

ETHUSDT | SHORT
Entry 2,019.22 - 2,022.90
Invalidation 2,031.17
Targets 2,010.95 / 2,002.87 / 1,992.77

I only want the planned reaction; anything else is a pass.

#TradeSetup