$ETH USD BEARISH SETUP — SUPPLY ZONE REJECTION SIGNALS POTENTIAL DOWNSIDE MOVE

Ethereum is struggling to break above the key resistance around the $2,440 zone. The price has repeatedly tested this area and failed, forming a tight consolidation beneath it — a classic sign of distribution. The current setup suggests a possible drop if bulls fail to reclaim control.

🔻 Trade Setup:

Short Entry: $2,428 – $2,440

Take Profits:

• TP1: $2,330

• TP2: $2,299

• TP3: $2,254

Stop Loss: $2,484

📉 Market Outlook:

Momentum is weakening near resistance, with lower highs forming and no aggressive buying seen. If sellers maintain control under $2,440, a deeper correction is likely towards $2,300. Keep an eye on volume — rising sell pressure may confirm the breakdown.

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buy and trade here on $ETH