$ETH /USDT SHOWS STRONG UPTREND BUT SHORT-TERM REJECTION SIGNALS CAUTION
After a sharp bullish rally pushing $ETH up to the $2,712 zone, the price has now faced rejection from the top resistance level, indicating possible short-term pullback or consolidation. The strong momentum candle formations suggest bulls are in control, but the current red candles near $2,650 show minor profit-taking or resistance pressure.
Trade Setup (Long Bias):
Entry Zone: $2,630 – $2,645
Take Profit: $2,700 / $2,725
Stop Loss: $2,610
Market Outlook:
The overall trend remains bullish on the 1H timeframe with higher highs and strong volume support. If ETH reclaims the $2,675 zone with strength, expect a continuation towards $2,750+. Watch for any further rejection around $2,700 as a short-term resistance.
Follow community
Join the momentum before it leaves you behind. Early entries get rewarded — don’t be late to the trend!
This is your signal. Tap in before the next breakout candle!
