I observed a sharp corrective move playing out on this chart.
Prices have pulled back toward the lower support area around the $2,000 to $2,000+ region after testing highs near $2,800.
Sellers are currently maintaining control, so watching how price action reacts around these key lower boundaries is crucial before planning any entry.
For anyone looking to trade this setup, keeping risk tight below support and waiting for a confirmed structural reversal is the safest approach.
$ETH
Prices have pulled back toward the lower support area around the $2,000 to $2,000+ region after testing highs near $2,800.
Sellers are currently maintaining control, so watching how price action reacts around these key lower boundaries is crucial before planning any entry.
For anyone looking to trade this setup, keeping risk tight below support and waiting for a confirmed structural reversal is the safest approach.
$ETH
