🔻 ETH Short Setup: Targeting $2,000

Ethereum is breaking down from its ascending wedge and losing key support around $2,500. The structure is weakening fast — this is a short-the-bounce setup.

🧨 Trade Thesis:

• Entry 1: Shorted ETH at current level (~$2,500)

• Entry 2: Will add on bounce (~$2,580 zone)

• Target: $2,000 psychological + structural support

• Invalidation: Clean breakout and hold above $2,665

📉 Why This Works:

• Rising wedge breakdown = bearish continuation

• Failed breakout above $2,700 confirms bulls are exhausted

• BTC dominance rising → ETH and alts underperform

• Volume shows no real buying support below $2,500

⚠️ Risk Management:

• Don’t overleverage — add position only if bounce shows weakness

• Trail stops or take partials near $2,300–$2,200 zones#eth