🔻 ETH MAY BE REJECTED FROM THE UPPER CHANNEL RESISTANCE
Support: 1988 – 1995
Resistance: 2145 – 2155
Target: 1988 – 1995
$ETH is still moving inside a broader descending structure, and the latest rebound is now pushing directly into the upper boundary of the channel. Price is testing a key rejection zone here, which keeps the bearish continuation scenario active unless buyers can force a stronger breakout.
As long as sellers defend 2145–2155, ETH may rotate lower toward the 1988–1995 support area next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
#ETH #Ethereum
Do you see ETH getting rejected from this channel top, or can bulls still force a breakout first?
Support: 1988 – 1995
Resistance: 2145 – 2155
Target: 1988 – 1995
$ETH is still moving inside a broader descending structure, and the latest rebound is now pushing directly into the upper boundary of the channel. Price is testing a key rejection zone here, which keeps the bearish continuation scenario active unless buyers can force a stronger breakout.
As long as sellers defend 2145–2155, ETH may rotate lower toward the 1988–1995 support area next. A clean breakout above resistance would weaken this bearish setup quickly and delay the move lower. ⚠️
#ETH #Ethereum
Do you see ETH getting rejected from this channel top, or can bulls still force a breakout first?