$ETH has rallied back into a major supply zone where bullish momentum is starting to fade, making this a high-probability area to watch for a potential rejection.
Trading Plan – Short $ETH
Entry: 1,850 – 1,870
SL: 1,970
TP1: 1,800
TP2: 1,770
TP3: 1,740
The latest recovery has driven price into a strong resistance area where sellers are beginning to absorb buying pressure. Bulls are struggling to maintain momentum above this zone, while liquidity below the recent market structure remains exposed. If this supply zone continues to hold, a downside rotation toward the listed take-profit levels becomes increasingly likely before the next meaningful reaction.
Trade with discipline, manage your risk carefully, and always DYOR (Do Your Own Research).
Trading Plan – Short $ETH
Entry: 1,850 – 1,870
SL: 1,970
TP1: 1,800
TP2: 1,770
TP3: 1,740
The latest recovery has driven price into a strong resistance area where sellers are beginning to absorb buying pressure. Bulls are struggling to maintain momentum above this zone, while liquidity below the recent market structure remains exposed. If this supply zone continues to hold, a downside rotation toward the listed take-profit levels becomes increasingly likely before the next meaningful reaction.
Trade with discipline, manage your risk carefully, and always DYOR (Do Your Own Research).