Bearish Breakdown Ahead $ETH Faces Rejection at Resistance
$ETH /USD failed to hold above the $2,620 resistance zone and is now showing signs of weakness. A lower high formation hints at a potential drop toward key support.
Trade Setup – Bearish Idea
• Current Price: $2,592
• Entry (Short): $2,595–2,600 zone
• Target 1 (TP1): $2,545
• Target 2 (TP2): $2,520
• Stop Loss: $2,628 (just above resistance)
The structure indicates a potential drop after multiple rejections. Keep an eye on volume — this could be the early leg of a deeper correction.
Trade smart, not emotional.
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