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$ETH $ETHUSDT (1h) - Short Rejection Setup
Bias: Short
Entry (Zone): 1640.00 - 1665.00
Targets:
TP1: 1600.00
TP2: 1560.00
TP3: 1525.00
Stop Loss: 1706.00
Why this Setup:
I see ETH losing momentum after the rebound and struggling to reclaim the mid-1,660s area. I want to fade into resistance if price keeps stalling here, since a rejection could send it back toward the prior consolidation and lower support levels.