After a fast upside advance, $ETH enters resistance as momentum decelerates.

🔥 Trade Setup: SHORT ETH

Entry: 1,990 – 2,005

Stop-loss: 2,025

Targets: 1,970 ➝ 1,950 ➝ 1,920

$ETH aggressively advanced into a high-confluence supply zone where buy-side liquidity was absorbed, signaling exhaustion of bullish intent. The inability of price to extend higher despite repeated pushes confirms strong passive selling, while volume reflects distribution rather than expansion. Momentum is fading, short-term structure is breaking down, and lower highs are beginning to form — a sequence typically seen during distribution phases before a controlled bearish continuation or trend reversal.

ETH
ETHUSDT
1,932.7
-3.36%