In the final stretch of the market, the biggest mistake is focusing only on price movements without looking for confirmation. With this rebound in $ETH , we need to watch closely to see whether it can truly hold. What I’ve noticed is that as the price moved higher, volume failed to follow. Several attempts to push higher left upper wicks, suggesting selling pressure remains overhead and the bulls are struggling to push through.
With this kind of structure, the rebound looks more like room for the bears to step in than a signal that the trend has turned bullish. Keep an eye on how price reacts near the resistance zone. If it can’t break through, that confirms the structure remains weak, making the support below more likely to attract price.
🔴 Trade direction: Short
📍 Entry range: 2405 – 2439
🛑 Stop loss: 2480
🎯 Take profit 1: 2380
🎯 Take profit 2: 2330
No need to chase the winds of opportunity; they will come to rest in time.
Stand alongside Sister Li, and let every moment resonate.
#ETH
Click below to trade 👇
With this kind of structure, the rebound looks more like room for the bears to step in than a signal that the trend has turned bullish. Keep an eye on how price reacts near the resistance zone. If it can’t break through, that confirms the structure remains weak, making the support below more likely to attract price.
🔴 Trade direction: Short
📍 Entry range: 2405 – 2439
🛑 Stop loss: 2480
🎯 Take profit 1: 2380
🎯 Take profit 2: 2330
No need to chase the winds of opportunity; they will come to rest in time.
Stand alongside Sister Li, and let every moment resonate.
#ETH
Click below to trade 👇