Ethereum Short Setup at $2,424 with Multiple Targets

Considering the current bullish trend on the 2-hour timeframe where highs and lows are gradually increasing, a short position on #ETHUSDT is proposed from $2,424 with a stop loss at $2,525. The larger timeframe indicates a corrective phase within the uptrend. A sell block has been formed at a mirrored level, tested and confirmed, suggesting ongoing work to remove upper liquidity and establish lower. Although a "long-term break" is forming, since the block remains unconfirmed, caution is advised. A deviation below the local range's lower boundary is expected, with an ideal scenario being the breakdown of the cascade and a new structural minimum. The entry point is anticipated upon breaking the local order block at $2,424, with stop-loss settings based on individual risk management strategies. The targeted levels are $2,312, $2,187, $2,111, $2,102, and $1,991.