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$ETH (1h) - Momentum Fade Short
Bias: Short
Entry (Zone): 1838 - 1848
Targets:
TP1: 1812
TP2: 1788
TP3: 1748
Stop Loss: 1862
Why this Setup:
I see ETH extending sharply into an overbought push, and I’m looking for a fade from the recent spike high. I want to sell a rejection back into the breakout area, with room for a retrace toward the prior consolidation and the next demand zones.