eth rejection at ema cluster
$ETH pushed higher after the bounce from range lows but failed to sustain acceptance above the EMA cluster. Price is once again rolling over, showing weakness as sellers defend the 1900–1920 zone and momentum stalls.
Short ETH
Entry: 1895 – 1910
SL: 1948
TP1: 1865
TP2: 1845
TP3: 1815
The impulsive sell-off from the 1980s shifted short-term structure bearish, and while price attempted a corrective bounce, upside follow-through remained weak. ETH is trading back below the fast EMAs, with repeated rejections near the 25 EMA and lack of acceptance above prior intraday highs. Candle overlap and fading volume on pushes higher suggest buyers are losing control. Downside reactions are cleaner, and if price continues to hold below the EMA cluster, flow favors a rotation back toward the prior demand zone and range lows.
Trade here 👇 $ETH
