š $ETH Trade Setup
ETH has reached a major 1H supply zone around $1,940-$1,950. If buyers fail to break above this area and we see a confirmed rejection, I expect a pullback toward the lower support levels.
šÆ Entry: $1,935-$1,950 (after bearish confirmation)
Targets:
ā $1,910
ā $1,870
ā $1,820
š A move below $1,910 would strengthen the bearish momentum and increase the probability of a continuation toward $1,870 and potentially $1,820.
š Stop Loss: Above $1,970 (above the supply zone and recent swing high).
This is my personal technical outlook based on market structure, supply and demand, and key resistance levels. Not financial advice.
#ETH #Ethereum #crypto #trading
ETH has reached a major 1H supply zone around $1,940-$1,950. If buyers fail to break above this area and we see a confirmed rejection, I expect a pullback toward the lower support levels.
šÆ Entry: $1,935-$1,950 (after bearish confirmation)
Targets:
ā $1,910
ā $1,870
ā $1,820
š A move below $1,910 would strengthen the bearish momentum and increase the probability of a continuation toward $1,870 and potentially $1,820.
š Stop Loss: Above $1,970 (above the supply zone and recent swing high).
This is my personal technical outlook based on market structure, supply and demand, and key resistance levels. Not financial advice.
#ETH #Ethereum #crypto #trading