$ETH REJECTED AGAIN! WILL $2,600 BE NEXT? 📉
Ethereum has faced another rejection at the same descending trendline. After a brief breakout above resistance, sellers stepped in and pushed the price back toward support.
🔍 KEY LEVELS TO WATCH
🔴 $2,650 — Critical Support
ETH needs to hold this zone to maintain the possibility of a bullish recovery.
🎯 BEARISH SCENARIO
A confirmed breakdown below $2,650 could open the door to a potential move below $2,600.
🟢 INVALIDATION LEVEL: $2,700
If ETH reclaims $2,700 and holds above it, the immediate bearish setup would weaken. A stronger breakout above the descending trendline would provide additional evidence against the rejection scenario.
📊 MY GAME PLAN
- Below $2,650: Watch for bearish continuation.
- Below $2,600: Monitor the next support reaction.
- Above $2,700: Reassess the bearish setup.
- No confirmation, no rushed entry.
💬 YOUR TAKE: Will ETH defend $2,650, or are we heading below $2,600?
👇 Share your analysis in the comments!
#ETH🔥🔥🔥🔥🔥🔥 #Ethereum #cryptotrading #TechnicalAnalysiss #BİNANCESQUARE
⚠️ Educational market commentary only, not financial advice. These levels are scenario markers, not guaranteed outcomes. Confirm them against the current chart before trading.
Ethereum has faced another rejection at the same descending trendline. After a brief breakout above resistance, sellers stepped in and pushed the price back toward support.
🔍 KEY LEVELS TO WATCH
🔴 $2,650 — Critical Support
ETH needs to hold this zone to maintain the possibility of a bullish recovery.
🎯 BEARISH SCENARIO
A confirmed breakdown below $2,650 could open the door to a potential move below $2,600.
🟢 INVALIDATION LEVEL: $2,700
If ETH reclaims $2,700 and holds above it, the immediate bearish setup would weaken. A stronger breakout above the descending trendline would provide additional evidence against the rejection scenario.
📊 MY GAME PLAN
- Below $2,650: Watch for bearish continuation.
- Below $2,600: Monitor the next support reaction.
- Above $2,700: Reassess the bearish setup.
- No confirmation, no rushed entry.
💬 YOUR TAKE: Will ETH defend $2,650, or are we heading below $2,600?
👇 Share your analysis in the comments!
#ETH🔥🔥🔥🔥🔥🔥 #Ethereum #cryptotrading #TechnicalAnalysiss #BİNANCESQUARE
⚠️ Educational market commentary only, not financial advice. These levels are scenario markers, not guaranteed outcomes. Confirm them against the current chart before trading.