$ETH – Recovery bounce fading near local resistance with rejection signals emerging
Trade Setup: Short $ETH
• Entry Zone: 2115 – 2130
• Target 1: 2080
• Target 2: 2050
• Target 3: 2020
• Stop Loss: 2155
Price action is exhibiting early signs of weakness after an impulsive recovery, with rejection candles continuing to form around the resistance zone while momentum decelerates. Failure to maintain position above the 2110 threshold may send price back toward the underlying support zone. Risk parameters are defined above the supply zone at 2155.
Just click trade here 👇
Trade Setup: Short $ETH
• Entry Zone: 2115 – 2130
• Target 1: 2080
• Target 2: 2050
• Target 3: 2020
• Stop Loss: 2155
Price action is exhibiting early signs of weakness after an impulsive recovery, with rejection candles continuing to form around the resistance zone while momentum decelerates. Failure to maintain position above the 2110 threshold may send price back toward the underlying support zone. Risk parameters are defined above the supply zone at 2155.
Just click trade here 👇