📉 $ETH Showing Weakness Near MA60 Resistance

ETH
ETHUSDT
2,280.42
-2.76%

$ETH attempted to stabilize near the $2,170 MA60 zone, but sellers quickly stepped in and pushed price back down. The latest move shows a sharp rejection with increasing volume, indicating short-term bearish pressure.

🔎 Market Structure

• Price trading below MA60 resistance

• Lower highs forming on short timeframes

• Strong sell candle confirming seller dominance

📊 Trade Idea

🔴 Short $ETH

Entry: $2,165 – $2,185

Stop Loss: $2,230

🎯 Targets

TP1: $2,130

TP2: $2,095

TP3: $2,050

If buyers fail to reclaim $2,200, the probability increases for a liquidity sweep toward the $2,100 support zone where stronger demand may appear.

⚠️ Trade smart and manage risk — volatility is increasing.

#ETH #Ethereum #CryptoTrading #FuturesTrading #BinanceSquare