ethereum short trade setup

entry : 1690 - 1610

leverage : 1x originally but if you use then no more than 3x (manage your risk accordingly)

targets

1599

1570

1540

1500

reason of trade : price is getting rejected from a key resistance area + structure is starting to get bearish and there are some signs of reversal + we have lots of liq to the downside.

take the setup with small size, DCA and enter in parts and don't go heavy on this as our stops are wider this time.

stop loss : if a candle on 1 hour chart closes above 1690$ then this will be considered as SL (i will also update real-time and if i am going to close or if there are any changes to be made)