🧠 ETHUSDT Short Trade Breakdown – Spotting the Trap Above

📅 Date: July 3, 2025

📉 Position: Short

⏱️ Timeframe: 1H

🔍 Pair: $ETH ETHUSDT Perpetual

📍 Entry: $2,565

🟥 Stop Loss: $2,705

🟩 Targets: $2,520 / $2,400 / $2,370

🧩 Setup Explanation:

Today’s ETHUSDT short was based on clear smart money concepts. After an extended move up, ETH ran the highs of a key resistance zone — a textbook liquidity grab.

I noticed:

  • A triple top formation with wicks showing rejection.

  • A clean break and close below the 30 EMA, indicating weakening bullish momentum.

  • A supply zone forming right after the fake breakout.

  • This was my trigger.

🎯 Entry Confirmation:

After ETH tapped into the liquidity pool above the previous highs, it immediately reversed and left a strong bearish rejection candle. I entered short at $2,565, anticipating a drop back toward demand.

🧱 Market Structure:

  • Previous Resistance: $2,565–$2,570 (now acting as new supply)

    • $2,520 → First target

    • $2,400 → Mid-range fill

    • $2,370 → Higher timeframe demand zone

    • 🧠 Risk Management:

  • Support Zones to Watch:

Only one trade per session. I placed my stop loss at $2,705, just above the manipulation high, keeping it outside noise. Once price hits TP1, I’ll trail to breakeven and let the rest run.

🔍 Why This Trade?

  • Price swept equal highs and closed back below — classic SMC trap setup

  • Rejection from a key supply zone

  • Overextended from EMAs (mean reversion likely)

  • Bearish order flow resuming after liquidity grab

🚨 What Could Invalidate the Trade?

If ETH reclaims $2,565 and holds above with strength, I’ll consider exiting early. That could signal bulls are regaining control.

🔚 Final Thoughts:This is not about predicting — it's about reacting to what the chart tells us. Liquidity grabs and structure shifts are powerful signs when timed right.

📌 Always protect your capital and manage your risk.

🔁 Follow for more smart money-based setups and live trade breakdowns.

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