📉
$ETH — SHORT SETUP | DISTRIBUTION AT HIGHS
Sellers are stepping in after a failed continuation near the top.
$ETH pushed hard into the 3,360–3,370 supply zone and was met with heavy sell-side absorption.
Short Plan:
📌 Entry: 3,310 – 3,345
🛑 Stop-Loss: 3,380
🎯 Targets:
TP1: 3,270
TP2: 3,225
TP3: 3,170
📊 Market Read:
• Sharp rejection at premium levels
• Momentum rolling over
• Intraday rebounds printing lower highs
• Structure shifting from expansion → distribution
As long as price stays below 3,380, downside continuation toward lower demand zones remains the higher-probability path.
⚠️ Manage risk, avoid over-leverage, scale profits.
👇 Trade
#ETH —
#ETHUSDT #perp