Strong Analysis of Ethereum :$ETH

📉 Ethereum faces rejection near key resistance

Price approached the 2580–2600 area but failed to hold above it, showing signs of a potential short-term correction.

H4 chart shows price liquidity grab above recent highs, followed by a weak push → indicating potential distribution.

🔍 Ethereum faces rejection from a key resistance

The price approached the 2580–2600 area but failed to close above it firmly, showing a potential for a short-term correction.

The H4 chart shows a liquidity grab above recent peaks, followed by a weakness in upward momentum → indicating a potential distribution (gradual selling).

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📊 Key Area to Watch:

If price fails to reclaim 2580, ETH may drop back toward 2500 then 2450.

But if price reclaims 2600 with strength → bullish continuation toward 2670 is likely.

📌 Critical Area:

If the price cannot break 2580 again, it may drop back toward 2500 then 2450.

However, if 2600 is broken firmly, the rise may continue toward 2670.

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🎯 In Short (My Setup):

Sell from 2580 zone if price rejects it again,

🎯 TP1: 2500 – TP2: 2450

🛑 SL: above 2610

💡 In Short (My Potential Trade):

Sell from the 2580 area if the price fails to break it again

🎯 Target 1: 2500 – Target 2: 2450

🛑 Stop Loss: above 2610

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