📊 Trade Setup: $ETH — Overextended Bounce, Potential Short on Rejection
ETH ran 2,748 → 3,050 in a straight-line bounce into 4H resistance.
🔻 Short Entry: 2,985 – 3,030 USDT (on weak retest into resistance)
🎯 Take-Profit Targets:
TP1: 2,900 — local demand
TP2: 2,840 — 1H mid-BB
TP3: 2,760–2,780 — previous bottom zone
🛑 Stop-Loss: ❌ 3,110–3,150 (above 4H MA100 + supply zone)
Risk:Reward: ~ 1:2.5+
⚠️ Risk Factors
If BTC breaks 93k, ETH may keep pushing.
High volatility due to fresh reversal momentum.
