$ETH Running Out of Steam? Why the Bears are Circling đ
The recent relief bounce gave $ETH some room to breathe, but don't let the green candles fool youâthis recovery is looking gasped out. While buyers tried to push the pace, the tape is feeling heavy, and overhead supply is absorbing every attempt to break higher.
Structurally, this looks less like a trend reversal and more like a classic corrective bounce. When momentum fades this quickly, it usually sets the stage for sellers to lean back in and rotate the price toward fresh lows.
If youâre looking to play the exhaustion, here is the setup:
⥠The Trading Plan: SHORT $ETH
Entry Zone:Â 1945 â 1975
Stop Loss (SL):Â 2055
Target 1 (TP1):Â 1885
Target 2 (TP2):Â 1815
Target 3 (TP3):Â 1740
#ETH #MarketPullback #misslearner
Trade $ETH now and watch the level closely.
