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$ETH $ETHUSDT (1H) - Resistance Rejection Short
Bias: Short
Entry (Zone): 1632 - 1638
Targets:
TP1: 1618
TP2: 1608
TP3: 1596
Stop Loss: 1648
Why this Setup:
I’m still leaning bearish while ETH trades below the recent 1H breakdown area, and I want to fade any weak bounce into resistance. If price rejects this zone again, I expect continuation toward the prior lows and then the next support pocket below.