🚨$ETH Facing Resistance — Bearish Bias Below 2224📉

$ETH Intraday Outlook

$ETH remains under bearish pressure, with price trading below key resistance and moving averages. Momentum indicators confirm weakness, suggesting a downside move of 94–134 points is possible.

Trade Setup: SHORT

Entry Zone: market price

Stop Loss: 2224

Targets:

TP1: 2076

TP2: 2036

TP3: 1997

RSI below 50 → bearish momentum

MACD negative and below signal line → continued downside pressure

Price below 20 & 50 MA → trend remains weak

Alternative Scenario:

A breakout above 2224 could shift momentum bullish, targeting:

2290 → 2330

As long as 2224 caps price, ETH favors a downside continuation.

Trade here👇🏻

ETH
ETHUSDT
2,046.09
-5.65%

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