$ETH ETH /USDT BEARISH REJECTION ZONE — STALLED UNDER SUPPLY WALL!
$ETH/USDT surged to a high of $2,490 but is now struggling below the marked resistance zone around $2,350 – $2,380. Multiple rejection wicks show sellers defending this area, hinting at a short-term pullback if bulls fail to break through.
Trade Setup:
Short Entry: $2,340 – $2,360
Take Profit: $2,280 / $2,220
Stop Loss: $2,410
Market Outlook:
Ethereum's momentum has cooled off under a strong resistance band. Consolidation under this level could lead to a corrective move. Buyers need a strong breakout above $2,380 to regain control — otherwise, bears may drag it back down.
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