Resistance just got flipped — buyers stepping in with rising volume. 📈 As long as 0.120 holds, upside continuation remains likely. A drop below 0.1170 would invalidate the setup.
Momentum looks strong but risk management is key. ⚠️ Trading carries risk. Always DYOR.
📉 $ETH /USDT Outlook: Momentum Fading? 📉 Ethereum ($ETH ) delivered a strong rally today 🚀, pushing up more than 7% 📊, but price is now pressing into a key resistance / supply area around $2,075 . The latest candles show upper-wick rejection 🕯️ a sign that selling pressure is stepping in and bulls may be running out of fuel 🐂➡️😴. A pullback from this zone looks likely before the next major move. Trade Plan: 🛑 Short Zone: $2,054 – $2,065 🎯 Targets: $2,015 • $1,980 • $1,940 📉 🛡️ Stop Loss: $2,105