I’m watching $ETH here… and this is where people get trapped.
$ETH — TECHNICAL ANALYSIS‼️
Price is pushing straight into that 2.4K resistance zone — and you can already see the reaction… multiple rejections, wicks getting sold, no clean breakout.
That’s not random. That’s supply sitting heavy.
At the same time, look at the structure below —
ETH is climbing on a steep trendline, almost going parabolic into resistance.
That kind of move? It doesn’t hold forever.
Either it breaks out with force…
Or it rolls over just as fast.
Right now, price is squeezed between:
• Strong resistance at 2.4K
• Rising support pushing from below
This is a pressure zone. And pressure always resolves.
👉 Break and hold above 2.4K → opens the door to 2.5K+
👉 Rejection here → expect a pullback toward 2.2K – 2.1K
No in-between.
Most people will chase after the move happens.
I’m watching the reaction at this level — because that’s where the real trade is.
Trade Here 👇🏻
