$ETH Lower High Rejection – Sellers Stepping In Again 📉
I’m looking for a short here 🔻 📉
around $2,397,
keeping a tight invalidation (SL) at $2,424,
aiming for $2,311 first,
then a deeper move toward $2,290.
Price just pushed into that previous resistance zone and got rejected clean with a sharp wick, showing sellers are active up there. You can see how the move up was a bit aggressive but lacked follow-through, and right after tapping that zone, price dropped quickly — that kind of reaction usually means supply is sitting heavy. The structure is also forming lower highs compared to the previous swing, which hints that buyers are losing strength. Volume on the push up looks weaker compared to the earlier sell-offs, while the rejection candle shows strong selling pressure stepping back in. If price stays below this zone, it feels like a continuation to the downside is more likely ⚡