$ETH Analysis: Bearish Reaction at Resistance
Following a rally, Ethereum failed to break above $2,740–$2,750, leaving clear signs of distribution on the lower timeframe candles. Expect a continuation lower toward upcoming support targets.
Trade: Short
Entry Range: $2,715 – $2,725
Targets: $2,705 (TP1), $2,692 (TP2), $2,680 (TP3)
Invalidation: $2,752
$ETH
#ETH #Write2Earn! #cryptouniverseofficial
Following a rally, Ethereum failed to break above $2,740–$2,750, leaving clear signs of distribution on the lower timeframe candles. Expect a continuation lower toward upcoming support targets.
Trade: Short
Entry Range: $2,715 – $2,725
Targets: $2,705 (TP1), $2,692 (TP2), $2,680 (TP3)
Invalidation: $2,752
$ETH
#ETH #Write2Earn! #cryptouniverseofficial
