$ETH got slammed hard here… and after that heavy selloff, price still looks weak with only a shallow bounce showing so far.
$ETH — SHORT
Entry: 2192 – 2208
SL: 2228
TP1: 2175
TP2: 2158
TP3: 2138
TP4: 2115
ETH broke down aggressively from the recent range and the rebound so far looks more like a relief bounce than a real trend shift. Price is struggling to reclaim the 2192–2208 zone, which now acts like a rejection area after the dump. As long as that area stays capped, sellers still look in control and another leg lower remains possible. Since the move already dropped hard, chasing downside is risky, so the better setup is to wait for a bounce into resistance before looking for continuation.
ETH
2,133.64
-4.33%
#ETH #MarchFedMeeting #SECApprovesNasdaqTokenizedStocksPilot #USFebruaryPPISurgedSurprisingly #SECClarifiesCryptoClassification