‼️ $ETH BEARISH WEDGE SETUP
Ethereum Is Forming A Tightening Structure That Resembles A Bearish Wedge.
Price Action Is Compressing.
Highs Are Getting Lower.
Support Is Being Tested Repeatedly.
That Type Of Structure Often Signals Weakening Momentum.
Not Because Price Has Dropped Yet…
But Because Buyers Are Losing Strength With Each Push.
When A Wedge Forms Near Resistance:
Upside Becomes Limited
Breakdown Risk Starts Increasing
If This Structure Breaks Down:
Support Levels Can Give Way
Selling Pressure Can Accelerate
Liquidity Below Becomes The Target
That’s Where Moves Tend To Expand Quickly.
However, Structure Alone Is Not Confirmation.
If Price Breaks Above And Holds:
The Pattern Gets Invalidated
Momentum Can Shift Back To The Upside
Right Now, This Is A Compression Phase.
The Market Is Building Pressure.
And When Pressure Builds In A Tight Structure…
The Release Is Usually Sharp.
The Key Is Not The Pattern Itself.
It’s The Break And The Reaction That Follows.
Trade Here 👇🏻$ETH Short
