$ETH is trading at 2,045.48, down -1.11% over the last 24 hours, consolidating near its support low of 2,035.83 and remaining below key moving averages including the MA(7) at 2,054.19, MA(25) at 2,063.70, and MA(99) at 2,117.16 following a pullback from higher levels.
🔻 Bias: Short $ETH
* Entry range: $2,040.00 – $2,065.00
* SL: $2,120.00
* TP 1: $1,980.00
* TP 2: $1,920.00
* TP 3: $1,850.00
Price action shows mild downward pressure following a rejection from higher consolidation zones, remaining below major moving averages. Weak recovery attempts and overhead resistance favor continued downside movement as long as resistance near 2,080.00 holds firm.
🔻 Bias: Short $ETH
* Entry range: $2,040.00 – $2,065.00
* SL: $2,120.00
* TP 1: $1,980.00
* TP 2: $1,920.00
* TP 3: $1,850.00
Price action shows mild downward pressure following a rejection from higher consolidation zones, remaining below major moving averages. Weak recovery attempts and overhead resistance favor continued downside movement as long as resistance near 2,080.00 holds firm.
