$ETH 4H Chart – Rejection from Resistance
$ETH is facing strong resistance near $2,595 and has started to pull back. Price action suggests a potential downside continuation if it fails to reclaim $2,500.
SHORT Setup:
• Entry: $2,489.1
• TP1: $2,400
• TP2: $2,300
• TP3: $2,193.7
• SL: $2,595.5
Market Insight:
ETH is trading within a range, and this rejection could trigger a move back to demand zones below. Caution is advised unless bulls reclaim momentum above $2,600.