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$ETH | 1h | Breakdown Retest Short
Bias: Short
Entry Zone: 1,638 to 1,652
Stop Loss: 1,676
Targets:
TP1: 1,622
TP2: 1,604
TP3: 1,578
Invalidation:
Close above 1,676
Why This Setup:
I’m seeing a sharp breakdown from the 1,670-1,680 supply area, followed by a weak bounce that looks like a retest under broken support. If price fails to reclaim that zone, I expect another move down to sweep the lower liquidity near 1,620 and 1,600.