$ETH showing weakness after heavy long liquidations flushed leverage from the market, with price reacting sharply from resistance near $2120. Sellers remain in control unless bulls reclaim the breakdown zone.

🔴 Short $ETH

Entry: $2105 – $2120

Stop Loss: $2148

TP1: $2070

TP2: $2035

TP3: $1990

The liquidation event confirms long-side exhaustion and a temporary shift in momentum toward sellers. Price structure is forming lower highs while failing to sustain bids above resistance, indicating weakening bullish conviction. If ETH loses the nearby support cluster, downside liquidity could trigger an accelerated selloff into deeper demand zones. Current order flow favors continuation lower unless a strong reclaim invalidates the bearish structure.

Trade $ETH here 👇

ETH
ETHUSDT
2,145.07
-2.03%

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