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$ETH | 1H | Rejection Short
Bias: Short
Entry Zone: 1874 to 1884
Stop Loss: 1896
Targets:
TP1: 1862
TP2: 1848
TP3: 1826
Invalidation:
Close above 1896
Why This Setup:
I’m seeing a strong impulsive push into the 1885-1890 resistance area, followed by clear rejection and fading momentum near the highs. I want to short the pullback as long as price stays below the recent breakout area, with liquidity likely to be taken back toward 1860 and then the prior support zones.