$ETH is starting to look tired up here.
It’s already been rejected twice around the 2,346 level, and each bounce is getting weaker. Price pushed into the 2,320–2,346 zone again, but there’s no real strength behind it — volume is fading, and buyers aren’t stepping up the way they should.
On top of that, the order book is still leaning heavy on the sell side. That usually tells you one thing: sellers are waiting, not chasing.
When price keeps stalling at resistance like this without follow-through, it often doesn’t end quietly… it drops.
I’m leaning short here.
Entry: 2,320 – 2,335
Stop Loss: 2,370
Targets:
• 2,250 (first reaction zone)
• 2,180 (momentum continuation)
• 2,080 (if things really unwind)