$ETH is trading around the 1975 zone after failing to reclaim the psychological 2000 level.

If buyers can’t absorb the current selling pressure, this area could trigger a downside continuation.

🔥 ETH — SHORT Setup

📍 Entry Zone: 1972.60 – 1977.34

🛑 Stop Loss: 1989.21

🎯 TP1: 1960.72

🎯 TP2: 1955.97

🎯 TP3: 1946.48

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📊 Why this trade?

• Higher timeframe bias remains bearish (1D trend + 4H structure aligned).

• Price failed to hold above 2000 — key psychological resistance.

• 1H ATR around 9.5 shows compressed volatility → expansion likely soon.

• Looking for rejection inside the 1974–1977 zone to confirm downside momentum.

Mid-entry sits near 1975.

Current status: Waiting for confirmation.

🚫 Invalidation:

A clean break and hold above 2001.86 invalidates the bearish thesis.

A strong reclaim above 2000 shifts structure back to bullish.

📉 Confirmation trigger:

Decisive close below recent local low opens path toward TP1 (1960.72) and potentially TP3 (1946.48).

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Market is compressing. Expansion is coming.

The only question is direction.

Trade smart. Manage risk.

⚠️ Not financial advice. Always manage your risk properly.

#ETH #CryptoSetup #ShortTrade #TechnicalAnalysis #BinanceSquare