$ETH The 15-minute candle just hit the $2,760 ceiling, forming a new supply wall. Sellers are holding their positions, and a drop below $2,740 could send liquidity flowing toward the next demand zone. Spikes in trading volume on the 5-minute chart confirm that the pressure is real, while order flows point to large investors moving toward the $2,730–$2,720 zone.
With a limited risk-to-reward ratio and a clear stop-loss above resistance, this short trade could benefit from the next pullback like a shark. 🤔 Are you ready to ride the downward wave, or are you waiting for a bullish reversal? 👇
A rejection at the $2,760 resistance level could trigger a rapid sell-off!
Entry: 2,743–2,752
Target: 2,738
Stop-loss: 2,768