ETHUSD | 1H | SELL SETUP...

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ETHUSD | 1H | SELL SETUP...Ethereum / U.S. dollarBITSTAMP:ETHUSDXAUxBTC_ProπŸ“Š ETHUSD | 1H | SELL SETUP ETHUSD: Double Top Rejection at Supply Zone | Bearish Pullback Expected 🎯 Profit Objectives: ➊ 1660 βœ… (First target / previous support) βž‹ 1600 βœ… (Major demand area) ➌ 1565–1520 (Extended bearish target if selling pressure continues) πŸ›‘οΈ Invalidation: A strong 1H candle close above the supply/resistance zone (around 1800) would weaken the bearish outlook and could invalidate this setup. πŸ“Š Market Perspective: Price formed a double-top inside a strong supply/resistance zone. A bearish rejection is visible after the second test of resistance. The rising trendline has been lost, suggesting bullish momentum is fading. If price remains below the supply zone, sellers may target the marked support levels. ⚠️ Disclaimer: This analysis is for educational purposes only and is based on current price action. Wait for confirmation before making any trading decision and always use proper risk management. πŸ’  Trade with Strategy β€” Manage Risk with Discipline.