๐จ $ETH is showing signs of weakness as it tests a key resistance area. Selling pressure appears to be increasing, making this a level worth watching for a potential short-term pullback.
๐ Entry Zone: $1,776 โ $1,782
๐ Stop Loss: $1,805
๐ฏ Targets:
TP1: $1,755
TP2: $1,730
TP3: $1,695
๐ Trade Thesis
โ Price is testing a significant resistance zone around $1,780.
โ A bearish rejection from this level could trigger a short-term correction.
โ Failure to hold above the entry zone would strengthen the bearish outlook.
โ A break below $1,755 could accelerate downside momentum toward the lower targets.
#ETH
๐ Entry Zone: $1,776 โ $1,782
๐ Stop Loss: $1,805
๐ฏ Targets:
TP1: $1,755
TP2: $1,730
TP3: $1,695
๐ Trade Thesis
โ Price is testing a significant resistance zone around $1,780.
โ A bearish rejection from this level could trigger a short-term correction.
โ Failure to hold above the entry zone would strengthen the bearish outlook.
โ A break below $1,755 could accelerate downside momentum toward the lower targets.
#ETH