I’ve been tracking $ETH closely, and right now the market is giving me a clear picture. On the 1H chart, ETH got rejected from resistance, and if you look at the bigger timeframes, the structure is still bearish.
That’s why I’m only looking for short opportunities at the moment. The price has been stuck in consolidation for too long, which usually ends with a sharp move down.
🔎 Trade Plan
Direction: Short
Entry: 4000
Target (TP): 3880
Pair: ETHUSDT Perp
💡 Current Price: 4,011.52 (-0.06%)
This setup looks solid if the rejection holds. I’ll be watching closely for confirmation before going in heavy. Stay cautious and manage risk!
