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$ETH — Fade the bounce.
Short $ETH
Entry: 2,318 – 2,328
SL: 2,338
TP1: 2,285
TP2: 2,263
TP3: 2,220
This rebound has pushed into a zone where seller defense could begin strengthening. The 1H is printing a lower high after rejection from 2,422, and bid dominance has flipped from 94% to 60% — absorption, not accumulation. If this area rejects, downside rotation develops back toward 2,263 and potentially 2,220.
$ETH #GateSquareMayTradingShare