$ETH /USDT FACING STRONG SUPPLY WALL – BEARS MAY STRIKE AGAIN
#Ethereum is currently trading at $2,602.25 and struggling to reclaim the critical resistance zone around $2,615–$2,653. This area has acted as a significant supply zone multiple times and continues to reject price rallies. The rejection candles and volume activity suggest seller dominance is still active.
Trade Setup (Short):
Entry: $2,610 – $2,620
Take Profit: $2,580 / $2,550
Stop Loss: $2,654
Market Outlook:
As long as price remains under the $2,653 resistance, ETH may continue facing downward pressure. Watch for confirmation with volume on the next rejection candle. If bulls fail again, bears will likely take control toward $2,550.
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