$ETH

ETHUSDT is currently reacting from a clear supply zone near 2,400, where price has already shown rejection. The structure looks like a rising wedge/triangle, which often breaks downward.

There was a fake breakout (fakeout) above resistance, followed by a quick drop — a sign of weak bullish momentum. If this continues, price is likely to move down toward the demand zone around 2,100–2,050.

In short:
Bias = Bearish unless price reclaims and holds above the supply zone.

ETHUSDT

Perp

2,271.67

-0.19%