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ETHUSD H1: distribution / more downside shor-term(NEW)

Short
COINBASE:ETHUSD   Ethereum
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ETHUSD H1: distribution / more downside shor-term(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: ETHUSD H1 chart review
::: weak chart market not ready for upside
::: distribution in progress on 1hour chart
::: upside limited short-term
::: fresh liquidity near 220/222 USD
::: best level for a BOUNCE plan
::: TP bulls is mirror S/R at 228/229 USD
::: mild upside, only good for leveraged trade
::: short-term weak outlook overall
::: short-term 2 options: short at market
::: option2 is buying near 220/221 S/R level
::: for a bounce plan TP is 228/230 USD MAX
::: good luck traders
🔸 Supply/Demand Zones
::: fresh supply zone 220/222 USD
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BOUNCE/BULLS

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