📉 Ethereum Faces Short-Term Pressure Below Key Resistance
ETH is trading below a major intraday resistance zone, forming lower highs and showing signs of short-term bearish pressure. Liquidity sits just below support, suggesting potential downside if buyers fail to defend.
Key Facts:
• ETH rejected near intraday resistance, confirming seller control
• Lower highs formation reinforces short-term bearish structure
• Liquidity pool below $64,400 could act as the next intraday target
• Any relief rallies are likely to be sold into until resistance is reclaimed
Expert Insight:
Until ETH breaks resistance with strong volume, momentum favors sellers. Short-term traders should monitor support zones for potential liquidity sweeps and entries.
Direction: 🔻 Bearish Bias (Intraday / Short-Term)
#CryptoMarket #IntradayTrading #BearishBias #Liquidity #PriceAction $ETH
