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$ETH (1h) - Bearish Retracement Short
Bias: Short
Entry (Zone): 1713.0 - 1717.0
Targets:
TP1: 1702.0
TP2: 1694.5
TP3: 1683.0
Stop Loss: 1728.5
Why this Setup:
I’m treating this as a short while price is still below the prior breakdown area, with room for a retracement before the next downside leg. I want confirmation around the 1.71k zone because the recent bounce looks weak relative to the larger selloff, and I’ll look for continuation back toward the 1.69k liquidity area first.