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$ETH (1h) - Resistance Rejection Short
Bias: Short
Entry (Zone): 2270 - 2310
Targets:
TP1: 2240
TP2: 2205
TP3: 2165
Stop Loss: 2345
Why this Setup:
I’m seeing ETH lose momentum after a strong push into the 2300 area, and I want to fade the move if price keeps rejecting this overhead supply. I’m looking for a clean rejection from the recent intraday highs to catch a rotation back into the mid-range and lower support levels.
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