$ETH Analysis: Grinding under resistance, signs of weakness emerging. 📉 Pushes are consistently getting rejected, indicating a crowded top forming.

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**$ETH Trading Plan (Short)**

Entry: $2,040 – $2,080
SL: $2,120
TP: $1,980, $1,880

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Price is pressing into an overhead resistance zone where rallies are met with selling pressure. Upper shadows are stacking on candles, showing limited upside momentum and minimal distance gained.

The last drive up quickly reversed, and $ETH is now hovering with small, overlapping candles, failing to expand. Volume on the recent push didn't sustain, resulting in long tails and a stall just below the resistance lid.

My position is light, monitoring for further rejections at this level. If $ETH continues to slip back without holding higher, the short remains active. Invalidation occurs if price establishes support above the current ceiling and stops getting rejected.

Short $ETH 👇 Keep an eye on the overhead supply!