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$ETH $ETHUSDT (1H) - Bearish Rejection Short
Bias: Short
Entry (Zone): 2122 - 2130
Targets:
TP1: 2108
TP2: 2096
TP3: 2082
Stop Loss: 2144
Why this Setup:
I see price trading under a clear intraday downtrend with repeated rejections near the 2130 area, so I want to fade strength into resistance. I’m looking for a clean break back below the local range to extend toward the recent lows, while a move above the upper wick zone would invalidate the short.