🔥 $ETH Rejection From Supply — Another Leg Down Coming?
I’m seeing $ETH trading right inside a strong supply zone, and the price is showing weakness. With the overall market structure still bearish and lower highs forming, I’m expecting a potential continuation move to the downside.
Signal Type: Short 🔻
Leverage: 15x–20x
Entry Zone: 2135 – 2145
Take Profit Targets:
🎯 TP1: 2020
🎯 TP2: 1940
Stop Loss: 2200
From the chart I shared, ETH is sitting right in a liquidity pocket where sellers usually step in. Technically, the trend still favors the bears, and a strong rejection from this zone could trigger another sharp drop. That’s why I entered a short with strict risk and money management.
Trade Here 👇🏻
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