Sellers took control after the spike top — $ETH rejected hard from $1,807.65 and is retracing toward $1,762.09, printing lower highs on the last several candles.
$ETH is showing a bearish pullback structure, down roughly 2.5% from $1,807.65 with today's session negative (-1.75%) and no confirmed reversal candle at current levels.
Trade Setup:
Entry: $1,762.09 – $1,737.18
Target: $1,788.01 / $1,807.65
Stop Loss: $1,711.77
368.72M USDT volume is consistent with ETH's typical liquidity depth. Price has made lower highs and lower lows since the $1,807.65 peak; a break below $1,711.77 would extend the pullback, while reclaiming $1,788.01 would be needed to challenge the highs again.
Let's go and Trade now $ETH
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.
$ETH is showing a bearish pullback structure, down roughly 2.5% from $1,807.65 with today's session negative (-1.75%) and no confirmed reversal candle at current levels.
Trade Setup:
Entry: $1,762.09 – $1,737.18
Target: $1,788.01 / $1,807.65
Stop Loss: $1,711.77
368.72M USDT volume is consistent with ETH's typical liquidity depth. Price has made lower highs and lower lows since the $1,807.65 peak; a break below $1,711.77 would extend the pullback, while reclaiming $1,788.01 would be needed to challenge the highs again.
Let's go and Trade now $ETH
#Write2Earn
Disclaimer: This is my personal on-chain analysis and not financial advice. Always do your own research before trading.