$ETH is pushing into a major resistance area where bullish momentum is starting to fade. The recent rally showed strength early, but price action now feels exhausted as sellers continue defending the upper zone. Every move higher is facing heavier reactions, hinting that distribution may already be building. If buyers fail to break this ceiling, a deeper correction could unfold fast.
Trading Plan Short $ETH
Entry 2290 to 2360
Stop Loss 2440
Targets
2230
2140
2050
Momentum is slowing near resistance while pressure from sellers keeps increasing. A clean rejection from this region could trigger a sharp downside wave across the market.
ETH
2,340.03
-0.77%