$BTC Current Price: $1,793
Ethereum is showing weakness after multiple rejections from the $1,800 resistance zone. A sharp red candle breakdown confirms bearish intent ā short sellers are now in control.
š Key Levels:
ā Resistance: $1,800 (Rejection zone)
ā Support Target: $1,781.94 (First key support)
š° Short Setup:
šø Entry: $1,793
šÆ Target: $1,781
š Stop Loss: $1,797
šØ Market Insight:
š Structure turning bearish on lower timeframes with strong rejection signals. Momentum favors downside unless bulls reclaim $1,800 swiftly.
š Pro Tip:
Watch for a clean 15-min candle close below $1,790 to confirm momentum before scaling in.
Stay sharp ā breakdowns like this can