$ETH – Price stalling below resistance after recovery move
Trading Plan (Short)
Entry: 2,150 – 2,220
SL: 2,260
TP1: 2,100
TP2: 2,050
TP3: 2,000
$ETH is currently trading around 2,155, moving up from the 2,098 support but still below the 2,232 resistance. The 1H structure shows slowing momentum as price approaches resistance, with weaker follow-through on the upside.
After a recovery move, price is now starting to stall, which often signals exhaustion. If buyers fail to push higher, a pullback toward the 2,098 support zone is likely, with potential continuation lower.
Trade
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