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I’m watching $ETH for a short here.
ETH pushed all the way into the $2,614 area but got rejected hard, and now the 1H chart is giving back that move. Price is sitting around $2,521, so I’m watching for a weak bounce into resistance before looking lower.
Entry: $2,525–$2,545
Targets:
TP1: $2,505
TP2: $2,490
TP3: $2,465
Stop: $2,565
For me, $2,545–$2,565 is the key zone. As long as ETH stays below it, sellers still have room to push price back toward the recent support area. A clean reclaim above $2,565 would invalidate the short idea.
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