🚨🔥 $ETH IS AT A MAJOR RESISTANCE ZONE — IS A BIG SHORT SETUP FORMING? 👀

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✍️ BY ALPHASIGNAL ⚡ | VOICE OF MARKET AWARENESS 🌎

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💭 THE HOOK

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🔥 $ETH HAS JUST MADE A STRONG MOVE HIGHER… BUT NOW PRICE IS ENTERING ONE OF THE MOST IMPORTANT RESISTANCE AREAS ON THE DAILY CHART. 👀

$ETH IS CURRENTLY TRADING AROUND THE $2,347 AREA AND IS APPROACHING A MAJOR RESISTANCE ZONE BETWEEN ROUGHLY $2,400–$2,450.

THIS IS WHERE I’M STARTING TO PAY VERY CLOSE ATTENTION.

THE QUESTION IS…

💭 WILL ETH BREAK THROUGH THIS RESISTANCE?

OR…

🐻 WILL SELLERS STEP IN AND START A MAJOR PULLBACK?

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📊 TECHNICAL STRUCTURE

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🟣 $ETH — DAILY CHART

📍 CURRENT PRICE: ~$2,347

🔴 MAJOR RESISTANCE:

$2,400–$2,450

The chart shows ETH recovering strongly from the lower support area and pushing toward the major resistance zone.

However, this area has previously acted as a strong supply region.

🔥 A rejection from this resistance could create a potential short-term reversal setup.

If sellers manage to take control, the first major target zone I’m watching is around:

🎯 TARGET 1: ~$2,150–$2,200

If that level fails to hold, the next important area comes into focus:

🎯 TARGET 2: ~$1,950–$2,000

And if selling pressure becomes much stronger…

🎯 TARGET 3: ~$1,700

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🐻 THE BEARISH SCENARIO

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THIS IS THE MOVE I’M WATCHING:

ETH REJECTS $2,400–$2,450

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SELLING PRESSURE INCREASES

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$2,150–$2,200 TARGET ZONE

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IF SUPPORT FAILS

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$1,950–$2,000

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DEEPER PULLBACK TOWARD $1,700

The key point is that I DON’T want to blindly short ETH just because price reaches resistance.

I WANT CONFIRMATION.

📊 Rejection candle

📊 Lower high

📊 Selling volume

📊 Loss of nearby support

These signals would make the short setup much more interesting.

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⚠️ THE BULLISH INVALIDATION

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BUT WE HAVE TO RESPECT THE OTHER SIDE. 👀

If ETH breaks above the $2,400–$2,450 resistance zone with strong volume and holds that area as support, the bearish setup could become invalid.

🚀 CLEAN BREAKOUT + STRONG DAILY CLOSE = BULLISH CONFIRMATION.

That’s why I’m watching the reaction at resistance instead of predicting blindly.

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🧠 MY FINAL VIEW

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$ETH IS NOW AT A VERY IMPORTANT DECISION POINT.

🐻 REJECTION FROM $2,400–$2,450 = SHORT SETUP COULD DEVELOP.

🚀 CLEAN BREAKOUT ABOVE RESISTANCE = BEARS COULD GET TRAPPED.

👀 I’M WATCHING THE DAILY CLOSE VERY CLOSELY.

💭 WHAT DO YOU THINK?

🐻 ETH REJECTION 📉

OR

🐂 ETH BREAKOUT 🚀

DROP YOUR THOUGHT BELOW 👇🏼🔥

⚠️ THIS IS TECHNICAL ANALYSIS, NOT FINANCIAL ADVICE. ALWAYS MANAGE YOUR RISK.