๐ $ETH โ Daily Chart Analysis
ETH is at $2,078 and the chart is telling a clear story. ๐
That bounce to $2,300? Bull trap. Rejected hard. Right on cue.
Price is still trapped inside a bearish descending channel with zero confirmation of reversal.
Here's the roadmap ๐
๐จ Bull Trap Zone: $2,300
Fakeout. Anyone who bought that bounce is underwater now.
๐ด Current Price: $2,078
Still inside bearish structure. No safe entry here.
๐ฐ Real Buy Zone: $1,500
That's where the chart wants to go. That's where I'll be waiting. ๐
๐ Pattern: Descending channel after rising wedge breakdown
๐ Structure: Bull trap confirmed. Lower targets in play.
ETH will have its day. But $1,500 first. ๐
Spot only. No leverage. Let price come to you. ๐ก๏ธ
โ ๏ธ Not financial advice. Always manage your risk.
You Can Short $ETH Here:
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