🚨 $ETH REBOUND SLAMS INTO HEAVY OVERHEAD SUPPLY NEAR 2,722 FOR A SHORT SETUP! 📉
Entry: 2,705 - 2,722 ⚡
Target: 2,688 / 2,668 📉
Stop Loss: 2,735 ⚠️
After printing a sharp recovery off the 2,634 lows, $ETH is now barreling straight into a critical overhead supply wall between 2,707 and 2,722. 📊 Sellers heavily defended this exact pocket on previous visits, setting up a primed rejection structure as upside momentum begins to stall.
📉 If bear volume steps up to absorb this retest, expect an aggressive sweep down toward 2,688 before targeting the lower liquidity pool at 2,668. 💡 A sustained breakout above 2,730 invalidates this downside thesis completely. 💬 Are you positioning for the rejection here or waiting for lower confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ETH #ShortSetup #Ethereum #CryptoTrading
📉 🎯
Entry: 2,705 - 2,722 ⚡
Target: 2,688 / 2,668 📉
Stop Loss: 2,735 ⚠️
After printing a sharp recovery off the 2,634 lows, $ETH is now barreling straight into a critical overhead supply wall between 2,707 and 2,722. 📊 Sellers heavily defended this exact pocket on previous visits, setting up a primed rejection structure as upside momentum begins to stall.
📉 If bear volume steps up to absorb this retest, expect an aggressive sweep down toward 2,688 before targeting the lower liquidity pool at 2,668. 💡 A sustained breakout above 2,730 invalidates this downside thesis completely. 💬 Are you positioning for the rejection here or waiting for lower confirmation? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #ETH #ShortSetup #Ethereum #CryptoTrading
📉 🎯