$ETH on the 1H timeframe is rejecting from the 2040 – 2060 resistance zone after multiple failed breakout attempts.

Price is now sitting near key support around 1938, which is acting as the short-term demand level.

A clean break below this support could trigger further downside momentum.

ETH
ETHUSDT
2,002.21
+0.10%


Short Entry: 1985 – 2025 (on pullback)

Stop Loss: Above 2065

Take Profit 1: 1900

Take Profit 2: 1780 – 1750


As long as ETH remains below the resistance zone, bearish continuation toward lower support levels remains likely. Always wait for confirmation and manage risk properly.

#Ethereum