Ethereum continues to trade under pressure after rejecting strongly from the 2,784 zone, and now the market is forming a clean series of lower highs as $ETH gets pushed back toward intraday support. Buyers attempted a small rebound, but the momentum remains weak, and any upside wicks are getting absorbed quickly, hinting that sellers still control the structure. Unless the price reclaims the breakdown area with strength, ETH is likely to extend its decline toward liquidity levels sitting below the current range.

Trade Setup (Short):

Entry Range: 2,748 – 2,755

Target 1: 2,730

Target 2: 2,715

Target 3: 2,702

Stop Loss (SL): 2,770

ETH

2,726.11

+0.05%