$ETH /USDT REJECTION FROM LOCAL HIGH | SHORT TRADE SIGNAL

Entry Range: 2145 – 2160

Stop Loss: 2195

Targets:

TP1: 2120

TP2: 2100

TP3: 2070

Price formed a sharp impulsive move upward into the 2170–2180 resistance zone, followed by a strong rejection candle indicating seller dominance. The failure to sustain higher levels and quick pullback suggests a potential lower high formation.

Outlook:

Market is showing short-term weakness after rejection from resistance. As long as price stays below 2195, downside continuation is likely toward key support zones. Invalidation occurs on a breakout above the stop loss.

ETH

2,129.95

-0.61%