🔻 ETH MAY BE REJECTED FROM THE LOCAL WEDGE RETEST
Support: 2088 – 2095
Resistance: 2158 – 2165
Target: 2088 – 2095
$ETH is still trading inside a broader descending structure, and the latest rebound looks like a corrective bounce after the recent selloff. Price is now pushing into the upper side of the local recovery wedge, where sellers may try to regain control and continue the broader downside pressure.
As long as sellers defend 2158–2165, ETH may rotate lower toward the 2088–2095 support zone next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
Do you see ETH getting rejected from this wedge retest, or can bulls still squeeze out one more breakout first?