🔎 Ethereum Smart Money Sell Setup | May 17, 2025
The ETH/USD 30-minute chart just gave us a juicy bearish confirmation off a clean Order Block rejection, wrapped in a downward sloping parallel channel — exactly what smart money watches for. Here’s the breakdown:
🧩 1. SMC Narrative
Price tagged a bearish OB right at the mid-supply zone 🟣
Followed by strong engulfing rejection candle
Breakdown from the minor trendline support → confirms bearish shift
Order block lines up with the premium zone of the overall bearish channel
Retail might think this is support — we see liquidity 👀
🎯 2. Trade Specs
Entry: ~2,516.09 (OB upper edge)
SL: 2,520.00
TP Zones:
TP1: 2,476.99 ✅ (almost hit)
TP2: 2,450
TP3: 2,409.47 (final target at channel low)
Risk-to-Reward: Approx 1:4.5
🛠️ 3. Why This Setup Works
Price delivered a channel breakout + OB rejection combo
Strong volume spike during the OB touch = institutional activity
The bounce off the OB is weak — signaling exhaustion
All signs point to a grind down to lower channel support
If you know, you know — this is how banks exit in stealth mode 🚪👻
🎯 Bonus Tip:
If ETH retests the OB zone again with weak bullish candles — that’s your secondary sniper entry 🎯
📣 What’s your bias? Think bulls can reclaim this OB, or are we headed straight into deeper discount pricing?
📲 Follow ChartNinjas88 for daily laser-focused setups, SMC concepts, and precision trading breakdowns!
The ETH/USD 30-minute chart just gave us a juicy bearish confirmation off a clean Order Block rejection, wrapped in a downward sloping parallel channel — exactly what smart money watches for. Here’s the breakdown:
🧩 1. SMC Narrative
Price tagged a bearish OB right at the mid-supply zone 🟣
Followed by strong engulfing rejection candle
Breakdown from the minor trendline support → confirms bearish shift
Order block lines up with the premium zone of the overall bearish channel
Retail might think this is support — we see liquidity 👀
🎯 2. Trade Specs
Entry: ~2,516.09 (OB upper edge)
SL: 2,520.00
TP Zones:
TP1: 2,476.99 ✅ (almost hit)
TP2: 2,450
TP3: 2,409.47 (final target at channel low)
Risk-to-Reward: Approx 1:4.5
🛠️ 3. Why This Setup Works
Price delivered a channel breakout + OB rejection combo
Strong volume spike during the OB touch = institutional activity
The bounce off the OB is weak — signaling exhaustion
All signs point to a grind down to lower channel support
If you know, you know — this is how banks exit in stealth mode 🚪👻
🎯 Bonus Tip:
If ETH retests the OB zone again with weak bullish candles — that’s your secondary sniper entry 🎯
📣 What’s your bias? Think bulls can reclaim this OB, or are we headed straight into deeper discount pricing?
📲 Follow ChartNinjas88 for daily laser-focused setups, SMC concepts, and precision trading breakdowns!
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.