ETH — Weak recovery after aggressive selloff into key resistance (Neutral → Bearish)

Short $ETH

Entry: 2,090 – 2,140

SL: 2,230

TP1: 1,980

TP2: 1,920

TP3: 1,850

Price bounced from local bottom but still trapped under MA25 with resistance compression visible.

Relief move lacks impulsive strength and structure remains lower highs.

MA7 flattening while MA25 trending down — typical corrective bounce behavior.

RSI mid-zone showing fading momentum and no bullish expansion.

Supply zone sits near 2.15k where previous breakdown accelerated.

Bearish while below 2,230 resistance.

Bullish only if strong reclaim above 2,250 with volume continuation.

Trade $ETH

ETH
ETHUSDT
1,985.49
-4.18%

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