Bearish rejection from 2,040 resistance signals potential downside continuation toward lower support zones.
$ETH Short Trade Signal
Entry: 1,940 – 1,960
Targets:
TP1 – 1,900
TP2 – 1,872
TP3 – 1,820
Stop Loss: 2,020
$ETH faced strong rejection near the 2,040 area after failing to sustain above psychological resistance at 2,000. The structure shows lower highs on lower timeframes with increasing sell pressure and weakening momentum. If price remains below 2,000, continuation toward 1,870 and possibly 1,820 support zone is likely. Breakdown confirmation below 1,920 can accelerate bearish momentum.
ETHUSDT
Διην.
1,942.17
-2.80%