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$ETH – Upside extension losing efficiency as price presses into heavier supply territory
Trade Setup: Short $ETH
• Entry Zone: 2225 – 2339
• Target 1: 2160
• Target 2: 2060
• Target 3: 1960
• Stop Loss: 2395
The current recovery advance is beginning to show signs of maturation, with upward extension losing conviction as price approaches a denser supply region. Rather than impulsive continuation, the structure indicates buyers are encountering absorption around current levels. Should this zone remain defended and follow-through continue to weaken, rejection could unlock space for a broader corrective move toward lower support thresholds.
Just click trade here 👇