📉 $ETH Showing Weakness Near MA60 Resistance

ETHUSDT
Perp
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