$ETH is showing weakening upside momentum as price retests supply with signs of exhaustion.

Trading Plan SHORT: ETH

Entry: 1945 – 1990

Stop-Loss: 2070

TP1: 1860
TP2: 1785
TP3: 1705

$ETH is moving back into a key resistance zone, but momentum expansion remains limited, suggesting the bounce lacks strong accumulation. Recent pushes higher appear driven more by short squeezes than sustained buying, while rallies continue to be absorbed near supply. With the lower-high structure still intact, if sellers maintain control in this zone, the setup favors rotation toward the defined downside liquidity targets.

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ETH
ETHUSDT
1,856.6
-0.65%